Director/PDMR Shareholding

RNS Number : 8282X

Macfarlane Group PLC

30 June 2008

 

Macfarlane Group PLC

Director/PDMR shareholding

This notification is made in accordance with DTR. 3. 1.4(1)(a).

On 30 June 2008, the following awards over ordinary shares in the Company were made under the Macfarlane Group PLC Long Term Incentive Plan (the 'Plan') to Directors of the Company and other Persons Discharging Managerial Responsibility ('PDMRs'):

                 Name of Director/PDMR                      Number of shares under the Award

Peter Atkinson                                                       581,706

John Love                                                          270,275

Graham Casey                                                      258,763

Andrew Cotton                                                     175,959

Ivor Gray                                                           190,451

No consideration was paid for the grant of the award which is structured as a conditional award.

The vesting of an award is subject to continued employment of the participant and the satisfaction of performance conditions set by the Remuneration Committee of the Company.   The award will normally vest on the later of the third anniversary of grant and the determination of the performance conditions.

The Company was informed of the above transactions on 30 June 2008.

Name of contact and telephone number for queries:  Andrew Cotton   0141 333 9666

For and on behalf of Macfarlane Group PLC

Andrew Cotton
 Date: 30 June 2008

 

END

 

 

RDSGIGDLIDXGGIG