REG - Meggitt PLC - Director/PDMR Shareholding

Wed Aug 29, 2012 12:20pm EDT

* Reuters is not responsible for the content in this press release.

RNS Number : 0429L
Meggitt PLC
29 August 2012
 

Meggitt PLC

 

Director/PDMR Shareholdings

 

Share scheme transactions

 

On 28 August 2012, Mr J Simpkins (PDMR) exercised 108,407 stock-settled share appreciation rights which had been granted on 30 April 2009 at a base price of £1.695 under the Meggitt Executive Share Option Scheme. The exercise of the stock-settled share appreciation rights at a price of £4.003 entitled Mr Simpkins to receive 62,503 shares. Mr Simpkins sold enough of those shares to cover his tax liabilities (26,317 shares sold at £3.9634).

 

The shareholding of Mr Simpkins in the Company has increased by 36,186 shares as a result of this transaction.

 

Total holding = 75,739

Holding as % of issued share capital = 0.01%

 

 

On 28 August 2012, Mr P Huber (PDMR) exercised 41,642 of the stock-settled share appreciation rights which had been granted on 30 April 2009 at a base price of £1.695 under the Meggitt Executive Share Option Scheme. The exercise of the stock-settled share appreciation rights at a price of £4.003 entitled Mr Huber to receive 24,009 shares. Mr Huber sold 24,009 shares at £3.9634.

 

The shareholding of Mr Huber in the Company is unchanged as a result of this transaction.

 

Total shareholding: 137,971.

Percentage of issued share capital: 0.02%.

 

 

On 29 August 2012, Mr I Joesbury (PDMR) exercised 68,550 nil cost options under the Equity Participation Plan. Of the 68,550, 46,381 shares were in respect of the award granted on 5 August 2009 as a Basic Award and 22,169 were in respect of the award granted on 12 August 2009 as a Matching Award.  Mr Joesbury sold 68,550 shares at £3.9125.

 

The shareholding of Mr Joesbury in the Company is unchanged as a result of this transaction.

 

Total shareholding: 50,011.

Percentage of issued share capital: 0.01%.

 

 

For queries, please contact:

 

Marina Thomas

Deputy Company Secretary

Meggitt PLC

 

01202 597588

marina.thomas@meggitt.com

29 August 2012


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
RDSMMGZRVLRGZZM