Director/PDMR Shareholding

RNS Number : 7750C

City Natural Res High Yield Tst PLC

19 November 2009

 



Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

All relevant boxes should be completed in block capital letters.

1. Name of the issuer

CITY NATURAL RESOURCES HIGH YIELD TRUST PLC

2. State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance with LR9.8.6R(1)

or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006)

As (ii)

3. Name of person discharging managerial responsibilities/director

RICHARD A LOCKWOOD

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

AS 3

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

BENEFICIAL INTEREST

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

ORDINARY SHARES 

7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

8. State the nature of the transaction

EXERCISE OF FULL WARRANT HOLDING OF 237,500. EACH WARRANT CONFERED THE RIGHT FOR ONE NEW ORDINARY SHARE

9. Number of shares, debentures or financial instruments relating to shares acquired

237,500 ORDINARY SHARES

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

0.36%

11. Number of shares, debentures or financial instruments relating to shares disposed

237,500 WARRANTS EXERCISED

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) 

n/a

13. Price per share or value of transaction

85P

14. Date and place of transaction

13/11/09

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

BENEFICIAL HOLDING - 410,000     0.61%

16. Date issuer informed of transaction

13/11/09

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17. Date of grant

18. Period during which or date on which it can be exercised

19. Total amount paid (if any) for grant of the option

20. Description of shares or debentures involved (class and number)

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

22. Total number of shares or debentures over which options held following notification

23. Any additional information

24. Name of contact and telephone number for queries

Kristina Murray, 020 7628 8000

Name and signature of duly authorised officer of issuer responsible for making notification

Martin Cassels, Company Secretary

Date of notification

19/11/09

END 

(1)	An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.
(2)	An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.
(3)	An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.
(4)	An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

 

END

 

 

RDSBBBDBBUBGGCC