Director/PDMR Shareholding

RNS Number : 4609O
Mears Group PLC
19 September 2013
 



Mears Group PLC

("Mears" or the "Company")

 

19 September 2013

 

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 18 September 2013 that Robert (Bob) Holt, Chairman of Mears, had exercised share options over 250,000 ordinary shares of one pence each in the Company ("Ordinary Shares") on 18 September 2013.

 

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

250,000

1

 

 

 

Subsequently, on 18 September 2013, Mr Holt sold 250,000 Ordinary Shares each at an average price of 415 pence per share.  The transaction took place in London.

 

Following this disposal, Mr Holt holds no Ordinary Shares and has an interest in share options under the SIP over 150,000 Ordinary Shares in the Company.  

 

Enquiries:

 

 

Mears Group PLC


Bob Holt, Chairman

Tel: +44(0)7778 798 816

Joint Broker - Investec


Keith Anderson/Daniel Adams

Tel: +44(0)20 7597 5970

Joint Broker - Canaccord Genuity


Piers Coombs/Lucy Tilley

Tel: +44(0)20 7523 8350





 

 


This information is provided by RNS
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Mears Group (MER)
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