Director/PDMR Shareholding
GUS PLC
09 October 2006
GUS plc
('THE COMPANY')
DIRECTOR/PDMR SHAREHOLDINGS
In advance of the separation of Experian and Home Retail Group becoming
effective, the Company received notification on 6 October 2006 of the following
transactions in its Ordinary shares of 29 3/43p each by directors and persons
discharging managerial responsibility.
a) Transactions by directors of GUS plc
(notification made in accordance with DR 3.1.4R(1)(b))
i) Release of awards under the Performance Share Plan - on 4 October 2006
In June 2004 the Company made awards under its Performance Share Plan to
directors with such awards taking the form of a deferred right to acquire shares
at no cost to the participant. As indicated previously, these awards vested on
Court sanction of the Scheme to the extent that the performance conditions had
been satisfied by that date. The conditions in respect of this award were
satisfied in part. Accordingly, on 4 October 2006, following Court sanction of
the Scheme, the following transactions in the Company's shares took place:
Name of director Plan shares Plan shares Plan shares retained
released sold after
release *
John Peace 79,831 32,797 47,034
Terry Duddy 70,377 28,913 41,464
Don Robert 19,108 8,760 10,348
David Tyler 49,369 20,282 29,087
* The sale of shares took place on the London Stock Exchange on 4 October at a
price of 963.6486p per share to satisfy the tax and social security liabilities
falling due on the release of these shares and to cover the incidental costs of
the disposal.
The proportion of the award in respect of which the performance conditions were
not satisfied has lapsed.
ii) Release of matching awards under the GUS Co-Investment Plan - on 5 October 2006
Name of director Matching shares Matching shares Matching shares
released to retained by director
director sold after
release *
Terry Duddy 59,377 24,394 34,983
David Tyler 207,282 85,157 122,125
* The sale of shares took place on the London Stock Exchange on 5 October at a
price of 984.3417p per share to satisfy the UK tax and national insurance
liabilities falling due on the release of these shares and to cover the
incidental costs of the disposal.
b) By persons discharging managerial responsibility
(notification made in accordance with DR 3.1.4R(1)(a))
i) Release of awards under the Performance Share Plan - on 4 October 2006
Name of person Plan shares Plan shares Plan shares retained
discharging released sold after
managerial release *
responsibility
Christopher Callero 15,804 7,245 8,559
Paul Loft 15,230 6,257 8,973
John Saunders 18,907 7,768 11,139
Sara Weller 22,115 22,115 -
* The sale of shares took place on the London Stock Exchange on 4 October at a
price of 963.6486p per share. In the case of Mr Callero, Mr Loft and Mr
Saunders, the sales were made to satisfy the tax and social security liabilities
falling due on the release of these shares and to cover the incidental costs of
the disposal.
The proportion of the award in respect of which the performance conditions were
not satisfied has lapsed.
ii) Increase in number of shares held on exercise of share options
On 2 October 2006, Paul Loft exercised options in respect of 4,394 shares in the
Company. These options were granted to him on 9 February 2001 at a price of 384p
per share under the Company's SAYE share option scheme.
iii) Exercise of share options and subsequent sale
On 5 October 2006, Sara Weller exercised options in respect of 49,019 shares in
the Company. These options were granted on 24 November 2004 at a price of 867p
per share under the Company's 1998 Approved and Non-Approved Executive share
option schemes.
Following this exercise Ms Weller immediately sold these shares on the London
Stock Exchange at a price of 979.07p per share.
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