Director/PDMR Shareholding
Computacenter PLC
17 April 2007
On 17 April 2007, in accordance with the rules of the Performance Share Plan
2005 (the Company's LTIP), the Company granted conditional awards, over ordinary
shares of 6p each, at a price of £2.85 (the closing mid market price on 16 April
2007, being £2.8525), to the following directors/Persons Discharging Managerial
Responsibility (PDMRs)
Balance of
conditional
Director Number of shares awarded awards
Mr R Sandler 94,004 203,355
Mr M Norris 156,026 337,526
Mr F Conophy 101,319 219,180
Balance of
conditional
PDMR Number of shares awarded awards
Mr J Joslin 62,386 121,026
Mr S Walsh 62,386 117,956
Mr C Brown 28,070 75,885
Mr C Webb 35,526 91,607
Mr S Benade 7,368 15,939
Performance Criteria
The release of the awards to participants is dependent upon the satisfaction of
performance conditions, based on the Group's annual adjusted earnings per share
growth, over three consecutive financial years, starting on 1 January 2007 and
ending on 31 December 2009, compared to the base year of 2006.
Mr Webb's performance condition will run from 1 January 2007 to 31 December
2008, at which stage he will be required to hold the shares for a further 2
years.
The following PDMRs were also granted share options under the Company's Employee
Share Option Scheme 1998, in the amounts and on the terms listed below.
Name Number of Exercise Terms of Exercise Balance of
shares under Price (£) shares under
option option
John Joslin 195,200 2.85 Exercisable 3 years 500,000
after date of grant
Simon Walsh 195,200 2.85 Exercisable 3 years 500,000
after date of grant
Chris Webb 30,000 2.85 Exercisable 3 years 300,000
after date of grant
Colin Brown 60,000 2.85 Exercisable 3 years 300,000
after date of grant
In all cases the options are over the Company's ordinary 6p shares with an
exercise price of £2.85 (the closing mid market price on 16 April 2007, being
£2.8525) per share option. Nil consideration was paid for the grant of these
options.
Performance Criteria
Options become exercisable if the average annual compound growth in the
Computacenter Group's diluted earning per share compared to the base year of
2005, is at least equal to RPI plus 5% in any of the three, four or five year
periods up to and including 2009, 2010 or 2011, respectively.
Contact for queries
Name Lisa Gibbon
Address Computacenter plc
Hatfield Avenue
Hatfield
Hertfordshire
AL10 9TW
Telephone 01707 639054
This information is provided by RNS
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