Director/PDMR Shareholding

RNS Number : 8609B

Anite PLC

09 April 2013

 

9 April 2013

Anite plc

Director / PDMR Shareholding

Anite plc ("Anite" or "the Group"), the leading provider of software solutions to the international wireless and leisure travel industries, announces in accordance with DTR 3.1.4R in respect of Anite ordinary shares of 11.25 pence each ("Shares"), that on 8 April 2013, Christopher Humphrey, its Chief Executive, exercised 571,226 executive share options at a price of 34.5p per Share. The total cash cost was £197,072.97, which he funded himself.  

These options were granted to Mr Humphrey and various other employees in 2003 as part of the Group's long term incentive plans.  The options vested in 2006, and expire on their tenth anniversary on 14 July 2013.  In light of this imminent expiry and the fact that the Group will shortly enter a close period ahead of its results publication in July, Mr Humphrey has exercised these options in common with other affected employees.  Mr Humphrey subsequently sold, on 8 April 2013 in London, 188,628 Shares at 115.194 pence per Share to cover the tax and national insurance contributions payable on the net gain.  He has retained the remaining 382,598 Shares.

Following these transactions, Mr Humphrey's shareholding in Anite has increased to 1,647,336 Shares, representing 0.549% of the Group's issued share capital and total voting rights (previously 1,264,738 Shares representing 0.422%).  In addition, Mr Humphrey holds a total of 6,576,585 executive share options, of which 1,720,732 have vested but not been exercised.

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Anite plc	01252 775200
David Hurst Brown (Senior Independent Non-Executive Director, Chairman of Remuneration Committee)	www.anite.com
MHP Communications	020 3128 8100
Reg Hoare / Giles Robinson

 

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