Director/PDMR Shareholding

RNS Number : 2671F

St. Ives PLC

21 May 2013

 



NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

This form is intended for use by an issuer to make a RIS notification required by DTR 3.1.4.

(1)	An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.
(2)	An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.
(3)	An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.
(4)	An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

Please complete all relevant boxes in block capital letters.

1. Name of the issuer

ST IVES PLC

2. State whether the notification relates to:

(i) a transaction notified in accordance with DTR 3.1.2R; or

(ii) a disclosure made in accordance with LR 9.8.6R(1); or

(iii) a disclosure made in accordance with section 793 of the Companies Act 2006

(I)

3. Name of person discharging managerial responsibilities/director

PATRICK MARTELL

(DIRECTOR)

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

NOTIFICATION IS IN RESPECT THE PERSON NAMED IN 3 ABOVE.

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

NOTIFICATION IS IN RESPECT OF PERSON NAMED IN 3 ABOVE.

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

ORDINARY SHARES OF 10 PENCE EACH, FULLY PAID

7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

N/A

8. State the nature of the transaction

ACQUISITION OF  ST IVES PLC ORDINARY SHARES OF 10 PENCE EACH UNDER THE RULES OF THE ST IVES DISCRETIONARY EXECUTIVE  SHARE OPTION SCHEME 2001 (THE "ESOS 2001")

9. Number of shares, debentures or financial instruments relating to shares acquired

319,722

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

<0.3%

11. Number of shares, debentures or financial instruments relating to shares disposed

N/A

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) 

N/A

13. Price pershare or value of transaction

OPTION PRICE OF 66.17 PENCE

14. Date and place of transaction

21 MAY 2013, LONDON

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

N/A

16. Date issuer informed of transaction

21 MAY 2013

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17. Date of grant

N/A

18. Period during which or date on which it can be exercised

N/A

19. Total amount paid (if any) for grant of the option

N/A

20. Description of shares or debentures involved (class and number)

N/A

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

N/A 

22. Total number of shares or debentures over which options held following notification

TOTAL NUMBER OF ST IVES PLC ORDINARY SHARES OVER WHICH OPTIONS ARE HELD FOLLOWING THIS NOTIFICATION:  1,221,200 (LTIP 2010) NIL (ESOS 2001)

23. Any additional information

UPON THE EXERCISE OF 544,000 HMRC UNAPPROVED OPTIONS UNDER A NET SETTLEMENT ARRANGEMENT, 319,722 SHARES WERE ACQUIRED BY PATRICK MARTELL. ST IVES PLC'S ISSUED SHARE CAPITAL AS AT 21 MAY 2013 IS 119,826,366 ORDINARY SHARES OF 10 PENCE EACH.

24. Name of contact and telephone number for queries

PHILIP HARRIS 020 7928 8844

Name and signature of duly authorised officer of issuer responsible for making notification

PHILIP HARRIS, COMPANY SECRETARY, ST IVES PLC

Date of notification

21 MAY 2013

 

END

 

 

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