24 March 2011
Director/ PDMR Shareholding
IMI PLC - GRANT OF OPTIONS UNDER THE IMI PLC SHARE OPTION PLAN
In accordance with DTR 3.1.4R(1)(a) IMI plc (the "Company") announces that on 23 March 2011 the Company granted to each of the following Persons Discharging Managerial Responsibility options over the number of ordinary shares of £0.25 each in the Company shown against his name below in accordance with the rules of the Company's Share Option Plan with an exercise price of £9.7183 per share.
Name |
Position
|
Number of shares |
Tim Hubbard |
President, IMI Cornelius Group
|
35,000 |
Marshall Goldberg |
President, IMI Merchandising
|
30,000 |
No consideration was paid for the grant of the options. Under normal circumstances the options will become exercisable three years after the date they were granted and will lapse, to the extent they are not exercised, ten years after the date they were granted.
Enquiries to:
Helen Afford Corporate Counsel Tel: 0121 717 3700
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