Director/PDMR Shareholding

RNS Number : 3743Z
Filtrona plc
14 March 2012
 



 

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

 

 

In accordance with Disclosure Rule 3.1.4R(1), and in accordance with Section 793 of the Companies Act 2006, the Company was advised on 13 March 2012 of the following director/person discharging managerial responsibility ('PDMR') who have acquired an interest in the ordinary share capital of Filtrona plc (the 'Company):

 

 

1.         Name of company

 

Filtrona plc

 

2.         Name of director

 

Steve Crummett

 

 

3.         Nature of transaction

 

Transfer of shares awarded under the Company's Long Term Incentive Plan Part B in March 2009 following satisfaction of performance conditions.

Sale of shares at a price of £4.645 to settle the income tax and national insurance liability due on the transfer, and transaction costs (the 'Liability').

 

4.         Date of grant

 

n/a

 

5.         Period during which or date on which exercisable

 

n/a

 

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

 

n/a

 

7.         Description of shares or debentures involved: class, number

 

PDMR

Number of 25p ordinary shares transferred

Number of shares sold to settle the Liability

Balance of shares transferred





Steve Crummett

206,250

107,466

98,784

 

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

 

nil

 

9.         Total number of 25p ordinary shares held following this notification

 

 


Number

% holding




Steve Crummett

236,384

0.1129

 

 

23.       Any additional information

 

N/A 

 

24.       Name of contact and telephone number for queries

 

Patricia Kendall 01908 359 100

 

25.       Name and signature of authorised company official responsible for making this notification

 

Jon Green, Company Secretary & General Counsel

 

Date of Notification

 

14 March 2012


This information is provided by RNS
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