Director/PDMR Shareholding

RNS Number : 9388Q

IMI PLC

11 August 2010

 



NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

This form is intended for use by an issuer to make a RIS notification required by DR 3.14 R(1).

(1)	An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.
(2)	An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.
(3)	An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.
(4)	An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

Please complete all relevant boxes in block capital letters.

1.      Name of the issuer

         IMI plc

2.      State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii)

         Disclosure relates to point (i)

3.      Name of person discharging managerial responsibilities/director

Martin Lamb	-	Director and PDMR
Douglas Hurt	-	Director and PDMR
Roy Twite	-	Director and PDMR

4.      State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

         NA

5.      Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

         Notification in respect of persons named in 3 above

6.      Description of shares (including class), debentures or derivatives or financial instruments relating to shares

         Ordinary Shares of 25p each

7.      Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

Martin Lamb	-	406,500
Douglas Hurt	-	186,164
Roy Twite	-	146,526

8.      State the nature of the transaction

         Shares purchased by Martin Lamb, Douglas Hurt and Roy Twite pursuant to participation in the IMI Share Purchase Plan (the Company's All Employee Share Ownership Plan)

         Exercise of 4,980 options by Martin Lamb granted under the terms of the IMI SAYE Share Option (1994) Scheme on 8^th April 2003 and retention of the shares.

9.      Number of shares, debentures or financial instruments relating to shares acquired

Martin Lamb	-	4,997
Douglas Hurt	-	18
Roy Twite	-	17

10.     Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

Martin Lamb	-	0.0016%
Douglas Hurt	-	0.000006%
Roy Twite	-	0.000006%

11.     Number of shares, debentures or financial instruments relating to shares disposed

         NA

12.     Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) 

         NA

13.     Price pershare or value of transaction

         722.33p in respect of the shares purchased pursuant to participation in the IMI Share Purchase Plan the Company's All Employee Share Ownership Plan.

         The exercise price per share was 201.00p in respect of the options exercised under the terms of the IMI SAYE Share Option (1994) Scheme.

14.     Date and place of transaction

         London, 10 August 2010 in respect of the IMI Share Purchase Plan and 11 August 2010 in respect of the IMI SAYE Share Option (1994) Scheme

15.     Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

Martin Lamb	411,497	-	0.13%
Douglas Hurt	186,182	-	0.06%
Roy Twite	146,543	-	0.05%

16.     Date issuer informed of transaction

         11 August 2010

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17.     Date of grant

         NA

18.     Period during which or date on which it can be exercised

         NA

19.     Total amount paid (if any) for grant of the option

         NA

20.     Description of shares or debentures involved (class and number)

         NA

21.     Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

         NA

22.     Total number of shares or debentures over which options held following notification

         NA

23.     Any additional information

         NA

24.     Name of contact and telephone number for queries

         H Afford - Corporate Counsel -         0121 717 3700

Name and signature of duly authorised officer of issuer responsible for making notification

            H Afford  - Corporate Counsel

Date of notification

            11 August 2010

END

 

END

 

 

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