Director/PDMR Shareholding

RNS Number : 4479H

Michael Page International PLC

13 March 2015

 



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 12 March 2015 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 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 12 March 2015	No of Shares Sold on 12 March 2015	Price Per Share sold on 12 March 2015	No of Shares Retained
Steve Ingham	8,631	4,085	£5.04397	4,546

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

On 12 March 2015 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 12 March 2015	No of Shares Sold on 12 March 2015	Price Per Share sold on 12 March 2015	No of Shares Retained
Steve Ingham*	82,011	38,817	£5.04397	43,917
Gary James	45,423	Nil	-	45,423
Fabrice Lacombe	41,929	41,929	£5.04397	Nil
Patrick Hollard	48,917	227	£5.04397	48,690
Oliver Watson	41,929	19,855	£5.04397	22,074

The performance element of the above awards lapsed.

Exercise of Options Under The Michael Page International plc Incentive Share Plan 2004

On 12 March 2015 the PDMR set out in the table below exercised his nil cost Deferred Option Award under The Michael Page International plc Incentive Share Plan 2004.

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

Name of PDMR	No of Deferred Options Exercised	No of Shares Sold on 12 March 2015	Price Per Share sold on 12 March 2015
Olivier Lemaitre	48,917	48,917	£5.00689

The Performance Option Award lapsed.

Exercise of Options under the Michael Page International plc Executive Share Option Scheme

On 11 March 2015 the undermentioned PDMRs exercised options as detailed in the table below under The Michael Page International plc Executive Share Option Scheme. The number of options exercised and shares sold were as follows:-

Name of PDMR	Total No of Options exercised	No of Shares Sold on 12 March 2015	Price Per Share sold on 12 March 2015
Fabrice Lacombe	350,000	350,000	£4.98484
Olivier Lemaitre	300,000	300,000	£5.00256

Sale of Ordinary Shares

On 11 March 2015 Annabel Watson, connected person to Oliver Watson, a PDMR, sold 80,000 Ordinary shares in the Company at a price of £5.00.

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

Elaine Marriner - Company Secretary                  Tel [phone]

Ross Hawley - Director of Investor Relations        Tel: [phone]

13 March 2015

 

END

 

 

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