Director/PDMR Shareholding

RNS Number : 9497O

Michael Page International PLC

16 March 2009

 



Michael Page International plc
13 March 2009

Notification of Director's Interests in Shares

Release of shares under the Michael Page Annual Bonus Plan

On 9 March 2009, UBS Trustees (Jersey) Limited, the trustee of the Michael Page Employees' Benefit Trust ("EBT") transferred the legal title of the number of Michael Page International plc ordinary shares of 1p each ("Shares") set out in the table below, to the Executive Directors of Michael Page International plc (the "Company"), for nil cost, as a result of the vesting of their allocations under the Annual Bonus Plan. Of these, the trustee of the EBT arranged for the sale of sufficient of such Shares on behalf of the Executive Directors at 188.22 pence per Share on 9 March 2009 in order to reimburse the Company for their personal tax and social security liabilities arising together with such number of additional Shares that each Executive Director has notified to the trustee that he would like to sell.

The number of Shares sold and transferred is set out below.

Executive Director	Total no of Shares transferred on 9 March 2009	Shares sold on 9 March 2009	Net no of Shares transferred on 9 March 2009
S Ingham	324,018	133,779	190,239
S Puckett	268,793	110,978	157,815
C-H Dumon	392,164	250,000	142,164

Release of Shares under the Michael Page Incentive Share Plan

In addition, on 9 March 2009, the trustee of the EBT transferred the legal title of the number of Shares set out in the table below, to the Executive Directors and persons discharging managerial responsibilities ("PDMR") of the Company, for nil cost, as a result of the vesting of their allocations under the Incentive Share Plan. Of these, the trustee of the EBT arranged for the sale of sufficient of such Shares on behalf of the Executive Directors and PDMRs at 188.22 pence per Share on 9 March 2009 in order to reimburse the Company for their personal tax and social security liabilities arising together with such number of additional Shares that each Executive Director and PDMR has notified to the trustee that he would like to sell.

  The number of Shares sold and transferred is set out below.

Executive Director / PDMR	Total no of Shares transferred on 9 March 2009	Shares sold on  9 March 2009	Net no of Shares transferred on 9 March 2009
S Ingham (1)	102,200	42,199	60,001
S Puckett (1)	102,200	42,199	60,001
C-H Dumon (1)	194,946	-	194,946
G James (2)	39,120	2,567	36,553
A de Bretteville (2)	48,900	14,234	34,666

(1) Executive Director

(2) PDMR

This announcement is made in accordance with DR 3.1.4 R(1)(a) and DR 3.1.4 R(1)(c).

Michael Page International plc

Kelvin Stagg, Company Secretary 01932 264141

Financial Dynamics

Richard Mountain  020 7269 7291

 

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