Director/PDMR Shareholding

RNS Number : 4995Y

PZ CUSSONS PLC

03 September 2009

 



3 September 2009

PZ Cussons Plc (the 'Company')

Deferred Annual Share Bonus Scheme - release of shares

The Company announces that on 3 September 2009, ordinary shares of 1p each in the Company were transferred to the following Executive Directors and persons discharging managerial responsibility ('PDMR's') by the Paterson Zochonis Employee Trust ('the Trust') in relation to deferred awards made under the Company's Deferred Annual Share Bonus Scheme ('DASBS') in 2006. In addition the Executive Directors and PDMR's sold the number of shares listed below to discharge their tax obligations arising from the release of the shares.

Executive Director	Number of shares awarded under the DASBS	Number of shares sold to discharge tax liability	Total shares released to certificate
Mr G A Kanellis	44,460	18,229	26,231
Mr A G Calder	51,860	21,263	30,597
Mr C G Davis	22,680	9,299	13,381
Mr B H Leigh	28,250	11,583	16,667
Mr J Pantelireis	33,350	13,674	19,676
PDMRs	Number of shares awarded under the DASBS	Number of shares sold to discharge tax liability	Total shares released to certificate
Mr C Gendis	12,050	4,941	7,109
Mr C How	26,240	10,759	15,481

The shares have been held in trust for three years and have been released by the trustee in accordance with the rules of the Plan.

The Trust is a discretionary trust under which the class of beneficiaries who may benefit comprises all bona fide employees and former employees of the Company and its subsidiaries including members of such employees' and former employees' immediate families. Accordingly, the Executive Directors and PDMRs of the Company are included in the class of beneficiaries and are deemed to have an interest in all of such shares. Subsequent to the above dealings, the Trust's holding in the ordinary shares of 1p in the Company is 1,380,269 shares (0.32%).  

Name of contact and telephone number for queries: 

Sam Plant 

Company Secretary

PZ Cussons Plc  

(T) (00) 44 (0)161 491 8000  

 

END

 

 

RDSLJMITMMMMBFL