Director/PDMR Shareholding

RNS Number : 6712D
Trinity Mirror PLC
25 March 2011
 



Trinity Mirror plc

25 March 2011

 

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

 

In accordance with DTR 3.1.4.R, on 24 March 2011, the Company was notified by the Trustees of the Trinity Mirror Deferred Award Share Plan ("the Plan") of the following changes in directors/PDMRs' interests in the Company's ordinary shares ("the Shares") arising out of the operation of the Plan.

 

The awards of Shares under the Plan, which represent deferred bonus relating to 2007 performance, were granted on 14 March 2008.

 

At the election of each recipient, shares may be released under the Plan at nil cost to the recipient within a period of six months from the 3rd anniversary of grant. The Company has instructed the Trustees to sell sufficient shares to satisfy each director/PDMR's PAYE and National Insurance liabilities. Each of the directors/PDMRs have retained the balance of shares released.

 

As a result of the above, the following transactions are disclosed:

 


Shares released from the Trust

Shares sold at

£0.4675 to satisfy

tax and NI liabilities

Shares retained

Sly Bailey

114,321

58,737

55,584

Vijay Vaghela

59,387

30,514

28,873

Paul Vickers

37,553

19,309

18,244

Nick Fullagar

11,024

5,707

5,317

Georgina Harvey

27,580

14,196

13,384

Mark Hollinshead

13,262

6,855

6,407

Rupert Middleton

14,298

7,386

6,912

Tony Pusey

15,366

7,934

7,432

 

The directors/PDMRs shareholdings are as follows:

 


Total holding following this notification

Total holding as a percentage of shares in issue

Sly Bailey

224,318

0.0870%

Vijay Vaghela

98,803

0.0383%

Paul Vickers

89,553

0.0348%

Nick Fullagar

12,743

0.0049%

Georgina Harvey

25,764

0.0100%

Mark Hollinshead

19,194

0.0074%

Rupert Middleton

16,246

0.0063%

Tony Pusey

21,842

0.0085%

 

As at 25th March 2011, the Company's issued share capital stands at 257,690,520 ordinary shares of 10p each.

 

Further Information:

 

Paul Vickers

Secretary

 

Trinity Mirror plc

One Canada Square

London E14 5AP


This information is provided by RNS
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