Director/PDMR Shareholding

RNS Number : 0521G

St. Ives PLC

17 November 2015

 

17 November 2015

St Ives plc (the "Company") - Directors' shareholdings

This notification is made in accordance with DTR 3.1.4(1).

On 12 November 2012, awards were granted under the St Ives Long Term Incentive Plan 2010 (the "LTIP") to certain directors and persons discharging managerial responsibilities.

The awards were granted in the form of nil-cost options. 

The awards became exercisable on 16 November 2015 and remain exercisable up until 12 November 2022, subject to the participant's continued employment within the group. On 16 November 2015 the following individual exercised their award over the number of ordinary shares of 10 pence each in the Company set out in the table below.  The individual then sold all of the shares acquired as shown in the table below.  The disposals were made on the London Stock Exchange.

Director's Name	Total number of shares acquired on exercise	Number of shares disposed of	Sale price per share on disposal
Matthew Robert Armitage	240,800	240,800	195.00 pence

The Company was informed by the individual listed above of the above transactions on 16 November 2015

The individuals' beneficial interests in 10 pence ordinary shares in the Company before and after the disposals are as follows:

Director's Name	Total number of shares held beneficially prior to disposals	Total number of shares held beneficially after disposals	Total number of unvested Deferred Bonus Share Awards (Unchanged)
Matthew Robert Armitage	336,931	336,931	57,440

In addition to these share interests, following the above transactions the individuals hold awards granted under the LTIP as follows:

Director's Name	Total number of options held
Matthew Robert Armitage	546,285

For further information please contact:

Daniel Fattal, Company Secretary           020 7928 8844

 

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