Michael Page International plc
14 March 2013
Notification of Director's Interests in Shares
Release of shares under the Michael Page Annual Bonus Plan
On 12 March 2013, 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 Steve Ingham, the Chief Executive Officer of Michael Page International plc (the "Company"), for nil cost, as a result of the vesting of his allocation under the Annual Bonus Plan. Of these, the trustee of the EBT arranged for the sale of sufficient of such Shares on behalf of Steve Ingham at £4.39p per Share on 12 March 2013 in order to reimburse the Company for his personal tax and social security liabilities arising.
The number of Shares sold and transferred is set out below.
Chief Executive Officer |
Total no of Shares transferred |
Shares sold |
Net no of Shares transferred |
S Ingham |
78,278 |
40,991 |
37,287 |
Release of Shares under the Michael Page Incentive Share Plan
In addition, on 11 March 2013, the trustee of the EBT transferred the legal title of the number of Shares set out in the table below, to Steve Ingham, the Chief Executive Officer of the Company, for nil cost, as a result of the vesting of his allocation under the Incentive Share Plan. Of these, the trustee of the EBT arranged for the sale of sufficient of such Shares on behalf of Steve Ingham at £4.41p per Share on 11 March 2013 in order to reimburse the Company for his personal tax and social security liabilities arising.
The number of Shares sold and transferred is set out below.
Chief Executive Officer |
Total no of Shares transferred |
Shares sold |
Net no of Shares transferred |
S Ingham |
153,785 |
80,530 |
73,255 |
This announcement is made in accordance with DTR 3.1.4 R(1)(a).
Michael Page International plc
Kelvin Stagg, Company Secretary 01932 264141
FTI Consulting
Richard Mountain/Susanne Yule 020 7269 7291