Director/PDMR Shareholding

RNS Number : 7998A

Cookson Group PLC

06 August 2008

 



6 August 2008

Directors' Interest

Cookson Group plc

In accordance with the rules of the Cookson Group Long-Term Incentive Plan (the 'Plan') the allocation of 40,636 Performance Shares awarded to Mike Butterworth, Finance Director on 2 August 2005 vested on 5 August 2008.

The shares to satisfy the vesting of these awards were sourced from Cookson's Employee Share Ownership Trust. The Trustees arranged for 16,693 shares to be sold to meet Mr Butterworth's associated tax liability. As a result 16,693 shares were sold yesterday at 628.5p. The remaining 23,943 shares have been transferred into his own name. 

As a result of the above vesting, the revised interests of Mr Butterworth in the shares of the Company are as follows:-

	Total outstanding allocation of Performance Shares under the Long-Term Incentive Plan	Total outstanding allocation of Matching Shares under the Long-Term Incentive Plan	Current Shareholding
M G Butterworth	141,044	207,539	89,389

Cookson Group plc

165 Fleet Street

London EC4A 2AE

Tel: [phone]

Fax: [phone]

Web: www.cooksongroup.co.uk

 

END

 

 

RDSSSAFLMSASEIA