Director/PDMR Shareholding

RNS Number : 4623H

De La Rue PLC

11 July 2012

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS

1.         Name of Company

            DE LA RUE PLC

2 & 3.  Details of Transactions

TRANSACTION NOTIFIED IN ACCORDANCE WITH DTR 3.1.2R

	PDMR	Director
TIM COBBOLD	YES	YES
COLIN CHILD	YES	YES
CONSTANCE BAROUDEL	YES
KEITH BROWN	YES
KEVIN FREEGUARD	YES
ANDY KEMP	YES
RUPERT MIDDLETON	YES
ED PEPPIATT	YES

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

            N/A

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.

N/A

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

            N/A

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.

            N/A

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

            N/A

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

            N/A

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 per share or value of transaction.

N/A

14.       Date and place of transaction.

            N/A

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.

            N/A

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

17.             Date of Award.

10 JULY 2012

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

10 JULY 2015

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

NIL

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

TIM COBBOLD	46,766 ORDINARY SHARES OF 44 152/175P
COLIN CHILD	32,741 ORDINARY SHARES OF 44 152/175P
CONSTANCE BAROUDEL	16,143 ORDINARY SHARES OF 44 152/175P
KEITH BROWN	18,716 ORDINARY SHARES OF 44 152/175P
KEVIN FREEGUARD	23,206 ORDINARY SHARES OF 44 152/175P
ANDY KEMP	16,143 ORDINARY SHARES OF 44 152/175P
RUPERT MIDDLETON	28,604 ORDINARY SHARES OF 44 152/175P
ED PEPPIATT	18,666 ORDINARY SHARES OF 44 152/175P

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

NIL COST.

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

TIM COBBOLD	280,746 OPTIONS OVER ORDINARY SHARES OF 44 152/175p
COLIN CHILD	196,899 OPTIONS OVER ORDINARY SHARES OF 44 152/175p
CONSTANCE BAROUDEL	44,375 OPTIONS OVER ORDINARY SHARES OF 44 152/175p
KEITH BROWN	60,699 OPTIONS OVER ORDINARY SHARES OF 44 152/175p
KEVIN FREEGUARD	74,063 OPTIONS OVER ORDINARY SHARES OF 44 152/175p
ANDY KEMP	50,022 OPTIONS OVER ORDINARY SHARES OF 44 152/175p
RUPERT MIDDLETON	32,215 OPTIONS OVER ORDINARY SHARES OF 44 152/175p
ED PEPPIATT	61,618 OPTIONS OVER ORDINARY SHARES OF 44 152/175p

23.       Any additional information.

            AWARDS MADE UNDER THE COMPANY'S PERFORMANCE SHARE PLAN IN THE FORM OF NIL COST OPTIONS. IN NORMAL CIRCUMSTANCES AWARDS WILL VEST AFTER THREE YEARS FROM THE DATE OF GRANT SUBJECT TO ACHIEVEMENT OF PERFORMANCE CONDITIONS (FOR AWARDS IN 2012/13, UP TO 75% OF SHARES UNDER THE AWARD WILL VEST SUBJECT TO COMPOUND ANNUAL GROWTH IN HEADLINE EARNINGS PER SHARE OF BETWEEN 12% AND 15% ABOVE RPI AND UP TO 25% OF THE SHARES UNDER AWARD WILL VEST SUBJECT TO CASH CONVERSION PERFORMANCE OF BETWEEN 80% AND 100% AVERAGED OVER THE PERFORMANCE PERIOD). THE COMPANY MAY TRANSFER ADDITIONAL SHARES EQUIVALENT IN VALUE TO THE AMOUNT OF DIVIDENDS THAT WOULD HAVE BEEN RECEIVED SINCE GRANT IN RESPECT OF THE NUMBER OF SHARES THAT ARE ACQUIRED UNDER THE PLAN.

            AN AWARD SHARE PRICE OF 991.10p WAS USED FOR THE PURPOSES OF CALCULATING THE ABOVE AWARDS.

24.       Name of contact and telephone number for queries

ED PEPPIATT, COMPANY SECRETARY

CONTACT NUMBER: 01256 605343

11 JULY 2012

 

END

 

 

RDSEALXFFFAAEFF