Director/PDMR Shareholding

RNS Number : 5583M

Mears Group PLC

17 August 2011

 



Mears Group PLC

("Mears" or the "Company")

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons accordance with DTR 3.1.2 R

The Company was notified today that Robert (Bob) Holt, Chairman of Mears, has today exercised share options over 400,965 ordinary shares of 1 penny in the Company ("Ordinary Shares").

Exercise of options under Mears Group Share Option Scheme:

Date of grant	Number Ordinary Shares over which options were exercised	Exercise price per Ordinary Share (pence)
10 April 2003	129,870	77
10 April 2003	240,642	1
1 April 2004	30,453	1

Subsequently Mr Holt sold 400,965 Ordinary Shares each at an average price of 271.77 pence per share.  

Following this disposal, Mr Holt has an interest in 500,000 Ordinary Shares and share options under the SIP over 2,500,000 Ordinary Shares in the Company.  

Enquiries:

Bob Holt, Chairman                                        Tel: [phone]

Joint Broker - Investec                

Keith Anderson/Daniel Adams                    Tel: [phone]

Joint Broker - Collins Stewart

Mark Dickenson/Ileana Antypas                 Tel: [phone]

IR - Gable Communications                           Tel: [phone]

John Bick/Justine James                                Tel: [phone]

 

END

 

 

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