Director/PDMR Shareholding

RNS Number : 9248Z

Mears Group PLC

23 March 2012

 



23 March 2012

Mears Group PLC

("Mears" or the "Company")

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

The Company was notified on 22 March 2012 that Robert (Bob) Holt, Chairman of Mears, had exercised share options over 1,500,000 ordinary shares of one pence each in the Company ("Ordinary Shares") on 22 March 2012.

Exercise of options under Mears Group PLC Special Incentive Plan ("SIP"):

Date of grant	Number  of Ordinary Shares over which options were exercised	Exercise price per Ordinary Share (pence)
28 September 2009	1,500,000	1

Subsequently, on 22 March 2012,  Mr Holt sold 2,000,000 Ordinary Shares each at a price of 250 pence per share.  

Following this disposal, Mr Holt holds no Ordinary Shares and has an interest in share options under the SIP over 1,000,000 Ordinary Shares in the Company.  

Enquiries:

Mears Group PLC
Bob Holt, Chairman	Tel: [phone]
Andrew Smith, Finance Director	Tel: [phone]
Joint Broker - Collins Stewart
Mark Dickenson/Lucy Tilley	Tel: [phone]
Joint Broker - Investec
Keith Anderson/Daniel Adams	Tel: [phone]
Gable Communications	Tel: [phone]
John Bick/Justine James [e-mail]	Tel: [phone]

 

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