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Dimension Data Hldg (DDT)

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Wednesday 18 November, 2009

Dimension Data Hldg

Director/PDMR Shareholding

RNS Number : 7120C
Dimension Data Holdings PLC
18 November 2009
 



DIMENSION DATA HOLDINGS PLC 

("The Company")



Sale of shares by executive directors

The Company was advised on 18th November, 2009 that following the vesting of certain Long Term Incentive awards granted during the financial year 2007, directors have sold shares to cover obligations related thereto and in all instances their shareholdings in the Company have increased as set out below:



Name of Director

Number of shares sold

Share Price

Shareholding increased by


JJ Ord


65,550


R9.38


152,950


BW Dawson


52,440


R9.38


166,060


PK Quarmby


39,330


R9.38


69,920


DB Sherriffs


23,256


R9.38


122,094


SM Joubert


46,512


R9.38


98,838



Grants to Executive Directors under share incentive arrangements 

On 18th November 2009 the Company made the following awards to directors pursuant to the Long-Term Incentive Plan of the Company. All awards have conditions and are subject to the rules of the Long-Term Incentive Plan. 



Long-Term Incentive Plan


Name of Director

Price of shares at award

Class of Security

Number of shares

Date of 

Vesting


JJ Ord


GBP 0.75

Ordinary Shares


865,753

Upon notification of the achievement of the conditions by the Remuneration Committee


BW Dawson


GBP 0.75

Ordinary Shares


865,753

Upon notification of the achievement of the conditions by the Remuneration Committee


PK Quarmby


GBP 0.75

Ordinary Shares


432,877

Upon notification of the achievement of the conditions by the Remuneration Committee


DB Sherriffs


GBP 0.75

Ordinary Shares


577,169

Upon notification of the achievement of the conditions by the Remuneration Committee


SM Joubert


GBP 0.75

Ordinary Shares


577,169

Upon notification of the achievement of the conditions by the Remuneration Committee 




Total Number of shares or debentures over which options held following this notification


Name of Director

Share Options

Share Appreciation Rights

Long-Term Incentive Awards


JJ Ord


7,657,222


600,000


4,064,753


BW Dawson


4,398,859


600,000


4,486,271


PK Quarmby


3,095,800


300,000


2,034,877


DB Sherriffs


700,000


400,000


2,711,419


SM Joubert


3,098,914


400,000


2,711,419



Total shareholding following this notification



Name of Director

Shares Held

% holding of issued class


JJ Ord


11,749,808


0.69


BW Dawson


1,518,592


0.09


PK Quarmby


1,089,045


0.06


SM Joubert


1,137,393


0.07


DB Sherriffs


781,332


0.05



18 November 2009


Contact details


Kevin Handelsman

Tel: +27 (0)11 575 3632

Kevin.handelsman@za.didata.com


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