Director/PDMR Shareholding

RNS Number : 3929C

Michael Page International PLC

14 March 2014

 

Michael Page International plc (the "Company")

Notification of Interests of Directors and Persons Discharging Managerial Responsibility ("PDMRs")

Vesting of Shares Under The Michael Page International plc Annual Bonus Plan 2004

On 11 March 2014 UBS Trustees (Jersey) Limited, the trustee of the Michael Page Employees' Benefit Trust ("EBT") transferred the legal title to the number of Ordinary shares of 1p in the Company (the "Shares") as set out in the table below to Steve Ingham, CEO of the Company, for nil cost, as a result of the vesting of his allocation under The Michael Page International plc Annual Bonus Plan. Of these, the trustee of the EBT arranged for the sale of sufficient of such Shares on behalf of Mr Ingham at £4.77 per Share on 12 March 2014 in order to reimburse the Company for his personal tax and national insurance contributions arising. The number of Shares sold and transferred was as follows:-

Name of Director	Total No of Shares Transferred on 11 March 2014	No of Shares Sold on 12 March 2014	No of Shares Retained
Steve Ingham	16,747	7,927	8,820

Vesting of Shares Under The Michael Page International plc Incentive Plan 2004

On 11 March 2014 UBS Trustees (Jersey) Limited, the trustee of the EBT transferred the legal title to the number of Ordinary shares of 1p in the Company (the "Shares") as set out in the table below, for nil cost, as a result of the vesting of their allocations under the deferred element of The Michael Page International plc Incentive Share Plan 2004.

The number of shares sold and transferred is as follows:-

Name of Director* or PDMR	Total No of Shares Transferred on 11 March 2014	No of Shares Sold on 12 March 2014	Price Per Share sold on 12 March 2014	No of Shares Retained
Steve Ingham*	68,039	32,204	£4.77	35,835
Fabrice Lacombe	33,944	33,944	£4.77	Nil
Patrick Hollard	54,311	Nil	-	54,311
Oliver Watson	33,944	16,074	£4.77	17,870

The performance element of the above awards lapsed.

Award of Shares Under The Michael Page International plc Long Term Incentive Plan 2013

On 11 March 2014 UBS Trustees (Jersey) Limited, the trustee of the EBT made awards under The Michael Page International plc Long Term Incentive Plan 2013 by transferring the beneficial interest, for nil cost, to the number of Ordinary shares of 1p in the Company (the "Shares") as set out in the table below, subject to the rules of The Michael Page International plc Long Term Incentive Share Plan.

Name of Director* or PDMR	No of LTIP Shares
Steve Ingham*	227,273
Kelvin Stagg	70,248

Award of Shares Under The Michael Page International Management Share Plan 2013

On 11 March 2014 UBS Trustees (Jersey) Limited, the trustee of the EBT made awards under The Michael Page International Management Share Plan 2013 by transferring the beneficial interest, for nil cost, to the number of Ordinary shares of 1p in the Company (the "Shares") as set out in the table below, subject to the rules of The Michael Page International plc Long Term Incentive Share Plan.

Name of PDMR	Deferred Share Award	Performance Share Award
Patrick Hollard	49,588	24,793
Gary James	41,323	20,661
Fabrice Lacombe	37,880	18,939
Oliver Watson	49,588	24,793

In addition, on 11 March 2014, the Company granted share options over Ordinary Shares of 1p each to the PDMR as set out in the table below, for nil cost, subject to the rules of The Michael Page International plc Long Term Incentive Share Plan.

Name of PDMR	Deferred Option Award	Performance Option Award
Olivier Lemaitre	55,097	27,548

Award of Options under The Michael Page 2009 Share Option Scheme

On 11 March 2014 the Company granted share options over Ordinary Shares of 1p each to the PDMR as set out in the table below, subject to the rules of The Michael Page 2009 Share Option Scheme.

Name of PDMR	No of Option	Exercise Price per Share
Mark Lockton-Goddard	30,000	484p

This announcement is made in accordance with DTR3.1.4 R(1).

FTI Consulting

Richard Mountain/Susanne Yule                          Tel: [phone]

14 March 2014

 

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