Director/PDMR Shareholding

RNS Number : 1141S

Compass Group PLC

27 November 2012

 



COMPASS GROUP PLC: DIRECTOR/PDMR SHAREHOLDINGS

Compass Group PLC (the "Company") announces the following changes in the interests of Directors and Persons Discharging Managerial Responsibility ("PDMR") in ordinary shares of 10 pence each in the share capital of the Company ("Shares").

1.  Long-Term Incentive Plan Release

On 23 November 2012, the following Directors and PDMRs requested the release of vested awards made on 1 December 2009 under the Compass Group Long-Term Incentive Plan ("LTIP") (which were granted for nil consideration) following satisfaction of both the Free Cash Flow and Total Shareholder Return performance conditions in the three years ended 30 September 2012, and the following Shares were issued on 26 November 2012:

Name	Director or PDMR	Number of Shares
Richard Cousins	Director	350,182
Gary Green	Director	269,198
Andrew Martin	Director	210,108
Jane Kingston	PDMR	118,060
Mark White	PDMR	132,068

The Shares noted below were sold on 27 November 2012 at 719.1425 pence per Share in order to realise sufficient funds to settle resultant UK tax and social security liabilities arising from such issue:    

Name	Number of Shares sold
Richard Cousins	181,663
Andrew Martin	108,996
Jane Kingston	61,246
Mark White	68,513

2.  Disposal of Shares

On 27 November 2012, Andrew Martin sold his remaining resulting shareholding of 101,112 Shares pursuant to his LTIP release in 1. above at 719.1425 pence per share.  

On 26 November 2012, Mr Martin gifted 238,845 Shares to his spouse, Mrs Jeanette Martin and Mrs Martin subsequently sold the same number of Shares on 27 November 2012 at 719.1425 pence per Share.

On 27 November 2012, Gary Green sold 256,856 Shares at a price of 719.1425 pence per Share. 

3. Resultant Shareholdings

Following the transactions detailed above, total interests in Shares for the Directors and PDMRs noted above are as shown below:

Name	Number of Shares	Percentage of Issued Share Capital
Richard Cousins*	1,527,992	0.0829%
Gary Green	619,198	0.0336%
Andrew Martin	650,000	0.0352%
Jane Kingston	273,162	0.0148%
Mark White**	306,342	0.0166%

*   744,876 Shares above are registered in the name of Mrs C Cousins.

**  306,342 Shares above are registered in the name of Mrs M B White.  

ENDS

Enquiries:

Investors/Analysts:         Mark J White, General Counsel & Company Secretary

                                         Sarah John, Corporate Strategy Director

Media:                              Clare Hunt, Group Media Relations Assistant Director

Note to Editors

Compass Group PLC is a world-leading food and support services company, which generated annual revenues of £16.9 billion in the year to 30 September 2012.  It operates in around 50 countries, employs over 500,000 people and serves over 4 billion meals every year.  The Company specialises in providing food and a range of support services across the core sectors of Business & Industry, Defence, Offshore & Remote Site, Healthcare, Education, Sports & Leisure and Vending with an established brand portfolio. 

 

END

 

 

RDSFEFFEWFESEEF