Director/PDMR Shareholding

RNS Number : 9318O
Glanbia PLC
17 October 2012
 



Notification of Transactions of (1) Persons Discharging Managerial Responsibility and (2) Persons closely associated with Persons Discharging Managerial Responsibility

 This form is intended for use by an issuer making a notification required by Rules 7.2 and 7.3 of the Central Bank of Ireland's Market Abuse Rules in relation to a person falling within either of the above categories of individual. These categories are defined in Regulation 12 (8) of the Market Abuse (Directive 2003/6/EC) Regulations 2005 and are detailed as part of this form.

All relevant boxes should be completed in block capital letters.

 

1

Name of the Issuer

 

Glanbia plc

2

Name of person discharging managerial responsibilities

Gerard Mullally

3

State whether notification relates to a person closely associated with a person discharging managerial responsibilities named in 2 and identify the connected person

Not applicable

4

Indicate whether the notification is in respect of a holding of the person referred to in 2 or 3 above or in respect of a non-beneficial interest

Notification is in respect of a holding of the person referred to in 2.

5

Description of shares or derivatives or other financial instruments linked to them

Ordinary shares of €0.06 each

 

6

Name of registered shareholder(s) and, if more than one, number of shares or derivatives or other financial instruments linked to them, held by each shareholder

The details in respect of each of the numbered transactions in 7 below are as follows:

(1) - Davycrest Nominees  - (Sale of Shares)

(2) - Davycrest Nominees - (Sale of Shares)

7

State the nature of the transaction

(1)  Sale of 2,500 ordinary shares of €0.06 each by Gerard Mullally, an Irish resident ( in part to settle the income tax, employee PRSI and the USC on the option gain payable in respect of his recent exercise of options under the 2002 Long Term Incentive Plan which is payable to the Collector General within 30 days of the date of exercise)

(2)  Sale of 43,822 ordinary shares of €0.06 each by Gerard Mullally, an Irish resident ( in part to settle the income tax, employee PRSI and the USC on the option gain payable in respect of his recent exercise of options under the 2002 Long Term Incentive Plan which is payable to the Collector General within 30 days of the date of exercise)

 

8

Number of shares, derivatives or other financial instruments linked to them acquired

The details in respect of each of the numbered transactions in 7 above are as follows:

 

(1)  Not applicable (Sale of Shares)

(2)  Not applicable (Sale of Shares)

 

9

Number of shares, derivatives  or other financial instruments linked to them  disposed of

 

The details in respect of each of the numbered transactions in 7 above are as follows:

(1) 2,500 Ordinary Shares
(2) 43,822 Ordinary Shares

 

10

Price per share or derivative or other financial instrument linked to them or value of transaction

The details in respect of each of the numbered transactions in 7 above are as follows:

(1) €7.23 per share  

(2) €7.24342 per share

 

11

Date and place of transaction

 

The details in respect of each of the numbered transactions in 7 above are as follows:

 

(1)  15 October 2012 - Dublin

(2)  16 October 2012 - Dublin

 

12

Date issuer informed of transaction

The details in respect of each of the numbered transactions in 7 above are as follows:

(1) 17 October 2012

(2)  17 October 2012

 

13

Any additional information

 

Not applicable

14

Name of contact and telephone number for queries

Michael Horan, +353 56 7772240


 

Person authorised on behalf of the issuer responsible for making the notification

 

Michael Horan

 

Date of notification: 17 October 2012

 

Information required under Irish Stock Exchange Listing Rule 6.10

The following additional information is required to be disclosed under ISE Listing Rule 6.10 in respect of interests in securities of a director or secretary or their connected persons.  An issuer is not being required to submit the information below to the Central Bank in respect of any PDMR who is also a director/secretary/connected persons.

15

Name of director or secretary (if not required to be stated in box 2)

 

 

 

Not applicable

 

16

State whether the notification relates to a single transaction being notified in accordance with the Market Abuse Rules and ISE LR 6.10

 

Not applicable

 

 

17

Description of class of share

 

 

 

 

Not applicable

 

18

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

 

 


Not applicable

 

19

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

 

 

 

 

 

Not applicable

 

 

 

20

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

 

Not applicable

 

 

If a person whose interests are required to be disclosed under ISE Listing Rule 6.10 has been granted options by the issuer, please complete the following boxes:

21

Date of grant

Not applicable

 

22

Period during which or date on which it can be exercised

Not applicable

 

23

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

Not applicable

 

24

Description of shares involved (class and number)

Not applicable

 

25

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

Not applicable

 

26

Total number of shares over which options are held following notification

Not applicable

 

 

The duly designated officer of the issuer responsible for making this notification acknowledges and confirms that he/she is aware that the information as has been provided in response to the questions 15 to 26 above is not information which has been required by or which has been requested by the Central Bank, and is information which is required to be provided to the Irish Stock Exchange only.

 


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