Director/PDMR Shareholding

RNS Number : 5753L

Bloomsbury Publishing PLC

07 May 2010

 



Bloomsbury Publishing Plc

("Bloomsbury" or "the Company")

Notification of Interests of Directors and Persons Discharging Managerial Responsibility ("PDMR") and connected persons

Bloomsbury announces the following changes to the interests of Directors and PDMRs in the Company's ordinary shares of 1.25p each ("Shares").

On 6 May 2010 the Company made the following awards of Shares ("Awards") under the Bloomsbury Performance Share Plan 2005 ("PSP"):

Executive Directors

Name	Role	PSP Award (number)	Total PSP Awards (including current award)	Beneficial interest in shares (number excluding Awards)
Nigel Newton	Chief Executive	258,331	869,141	1,816,822
Colin Adams	Group Finance Director	128,375	411,153	50,000
Richard Charkin	Executive Director	185,691	650728	12,000

The total number of Shares awarded to Executive Directors under the PSP is equal to 2.6% of the issued share capital of the Company.

The Executive Directors have a total beneficial interest (excluding PSP Awards) in 2.5% of the issued share capital of the Company.

PDMRs

Name	PSP Award (number)			Total Awards (including current award)
Kathy Rooney	49,600			193,781
Jill Coleman	57,453			256,839
Jonathan Glasspool		48,218	123,125

Awards granted under the PSP will vest on 6 May 2013, but only to the extent that certain performance criteria based on earnings per share growth and total shareholder return are satisfied by the Company over a three year performance period.  No consideration is payable for the grant of the Awards and the receipt of Shares is conditional upon meeting the performance criteria.  It is intended that the Company's employee benefit trust will acquire shares (either by way of subscription for new shares, market purchase or from treasury) necessary to fulfil any obligation arising from the vesting of the Awards.

The notification of these Awards is intended to satisfy the Company's obligations under Disclosure Rule 3.1.4.

Ian Portal

Group Company Secretary

[phone]

 

END

 

 

RDSBUGDUDSGBGGR