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