Director/PDMR Shareholding

RNS Number : 0210M

Mears Group PLC

19 August 2013

 



Mears Group PLC

("Mears" or the "Company")

19 August 2013

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons in accordance with DTR 3.1.2 R

The Company was notified on 16 August 2013 that Robert (Bob) Holt, Chairman of Mears, had exercised share options over 600,000 ordinary shares of one pence each in the Company ("Ordinary Shares") on 16 August 2013.

Exercise of options under Mears Group PLC Special Incentive Plan ("SIP"):

Date of grant	Number  of Ordinary Shares over which options were exercised	Exercise price per Ordinary Share (pence)
28 September 2009	600,000	1

Subsequently, on 16 August 2013, Mr Holt sold 600,000 Ordinary Shares each at an average price of 417.33 pence per share.  The transaction took place in London.

Following this disposal, Mr Holt holds no Ordinary Shares and has an interest in share options under the SIP over 400,000 Ordinary Shares in the Company.  

Enquiries:
Mears Group PLC
Bob Holt, Chairman	Tel: [phone]
Joint Broker - Investec
Keith Anderson/Daniel Adams	Tel: [phone]
Joint Broker - Canaccord Genuity
Piers Coombs/Lucy Tilley	Tel: [phone]

 

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