Director/PDMR Shareholding

RNS Number : 4492G
Trinity Mirror PLC
06 June 2013
 



Trinity Mirror plc

6 June 2013

 

 

 

Notification of Transactions of Directors/Persons Discharging

Managerial Responsibility and Connected Persons

 

In accordance with DTR 3.1.4.R, on 5 June 2013, Trinity Mirror plc (the "Company") was notified by the Trustees of the Trinity Mirror Deferred Award Share Plan (the "Plan") of the following changes in directors' 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 2009 performance, were granted on 28 May 2010.

 

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 third anniversary of grant. The Company has instructed the Trustees to sell sufficient shares to satisfy each director's PAYE and National Insurance liabilities. Each of the directors has 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

£1.1026 to satisfy

tax and NI liabilities

Shares retained

Mark Hollinshead

61,067

29,475

31,592

Vijay Vaghela

140,046

67,593

72,453

Paul Vickers

91,600

44,211

47,389

 

The directors' shareholdings are as follows:

 


Total holding following this notification

Total holding as a percentage of shares in issue

Mark Hollinshead

50,786

0.0197%

Vijay Vaghela

224,079

0.0870%

Paul Vickers

165,227

0.0641%

 

As at 6 June 2013, the Company's issued share capital stands at 257,690,520 ordinary shares of 10p each.

 

 

 

 

 

Paul Vickers

Company Secretary

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
RDSLIFLTRDIRIIV

Companies

Reach (RCH)
UK 100