Directors' Dealing

RNS Number : 7368Z

Origin Enterprises Plc

11 March 2013

 



Origin Enterprises plc ("Origin" or the "Company")

Director's Shareholding

Following the achievement of targets under the 2006 Origin Long Term Incentive Plan, 149,845 deferred convertible ordinary shares in the Company held by Declan Giblin were converted, on a one for one basis, into ordinary shares of €0.01 each in Origin ("Ordinary Shares") and these shares were today admitted to trading on the ESM market of the Irish Stock Exchange and the AIM market of the London Stock Exchange, as contemplated by the 6 March 2013 announcement.

The Company was informed today that Declan Giblin sold 77,757 Ordinary Shares on 11 March 2013 at a price of €4.80 per Ordinary Share.

Following this transaction Declan Giblin is interested in 227,088 Ordinary Shares, representing approximately 0.16% of the Company's issued share capital, excluding treasury shares.  

In addition under the Origin Enterprises plc Long Term Incentive Plan 2012, Declan Giblin holds an award over 123,762 ordinary shares.  The benefits arising with respect to this award will be subject to and calculated by reference to the financial performance of Origin over the three year period to 31 July 2015 as provided for under the Long Term Incentive Plan 2012.

The Company was also informed today that Brendan Fitzgerald, sold 40,000 Ordinary Shares on 11 March 2013 at a price of €4.80 per Ordinary Share.

Following this transaction Brendan Fitzgerald is interested in 760,537 Ordinary Shares, representing approximately 0.55% of the Company's issued share capital, excluding treasury shares. 

In addition under the Origin Enterprises plc Long Term Incentive Plan 2012, Brendan Fitzgerald holds an award over 445,545 ordinary shares.  The benefits arising with respect to this award will be subject to and calculated by reference to the financial performance of Origin over the three year period to 31 July 2015 as provided for under the Long Term Incentive Plan 2012.

Pat Morrissey

Company Secretary

Origin Enterprises plc

11 March 2013

 

END

 

 

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