Intec Telecom Systems PLC
10 January 2008
10 January 2008
Intec Telecom Systems PLC (the "Company")
Notification of Dealings in the Company's shares by Directors and Persons
Discharging Managerial Responsibility ("PDMRs") and connected persons
The Company announces the following dealings by Directors and PDMRs in the
Company's ordinary shares of 1p each ("Shares").
In respect of the executive directors named below, these notifications are made
in accordance with DR 3.1.4R(1)(a) and (b), and in respect of the other persons
discharging managerial responsibility named below, in accordance with DR 3.1.4R
(1)(a).
On 8 January 2008 the following executive directors and PDMRs were granted
"Performance Awards" and "Matching Awards" under the Long-Term Incentive Plan
entitling them to acquire ordinary shares of 1 pence each in the Company as
summarised below
PDMR Number of Shares subject Number of Shares subject Total number of shares
to Performance Award to Matching Award * under Options/award held
following grant
Executive Directors
Andrew Taylor 674,157 Nil 1,570,786
Robin Taylor 438,202 61,622 1,321,901
Gary Bunney 449,887 38,087 2,101,572
PDMRs
Gary Burch 219,101 Nil 631,546
Fred Brott 193,418 Nil 1,373,901
Norm Halvorson 144,885 16,083 581,023
Jacqui Summons 219,101 19,044 729,415
David Heaps 115,730 17,359 486,428
Ian Watterson 101,568 Nil 427,832
*Matching Awards have been granted following the acquisition of Shares by the
relevant Directors and PDMRs out of their post-tax bonus for the 2006/07
financial year
No consideration was paid for the grant of the awards and only the executive
directors will have to pay an Option price of 1p per share to exercise their
awards following vesting. Awards will normally vest on 8 January 2011 subject
to continued employment and meeting earnings per share and (in the case of the
Performance Awards) total shareholder return performance conditions.
The Company was informed of the above transactions on 8th January 2008.
Name of contact and telephone number for queries: Garth Kerr (Company Secretary)
on 01483 745800.
For and on behalf of Intec Telecom Systems PLC
Garth Kerr
Company Secretary
Date: 10 January 2008
This information is provided by RNS
The company news service from the London Stock Exchange
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