Director/PDMR Shareholding

RNS Number : 1136D

Phytopharm PLC

10 September 2008

 

Phytopharm plc

10 September 2008

DIRECTOR/PDMR SHAREHOLDING - Purchase of Ordinary Shares (the 'Shares') in Phytopharm plc (the 
'Company') by Directors of the Company under its employee Share Incentive Plan (the 'SIP').

The SIP trustee, Equiniti Share Plan Trustees Limited (the 'Trustee'), notified the Company on 9 September 
2008 that the following Directors of the Company acquired Shares under the SIP on 8 September 2008, in 
each case, held by the Trustee:

Director	Number of shares acquired*	Aggregate number of Shares held beneficially following acquisition (across all accounts)
Daryl Rees	1,388	131,763
Piers Morgan	1,388	131,763

*The number of Shares acquired includes 694 Partnership Shares purchased by each of these Directors at 18 
pence and 694 Matching Shares issued to each of these Directors. Both partnership and matching 
elements are registered in the name of the Trustee.

The SIP operates as follows:

Each month the Trustee uses participants' contributions (which may not exceed £125 per participant per month) 
to purchase shares in the market. These shares are called 'Partnership Shares'.

At the same time the Company issues to participants via the Trustee one 'Matching Share' for every Partnership 
Share purchased that month. These Matching Shares are purchased in the market and will vest with the employee 
three years from the date of purchase.

For further information, please contact:

Zoe McGowan, Head of Finance

Phytopharm plc Tel No: [phone]

Further information about Phytopharm can be found on the Company's website www.phytopharm.com

 

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