Director/PDMR Shareholding

RNS Number : 8966H

Melrose PLC

18 July 2012

 



18 July 2012

Notification of transactions of persons discharging managerial responsibility and their connected persons in accordance with DTR 3.1.4R(1)(a).

Melrose PLC

("Melrose")

Melrose was notified on 17 July 2012, in accordance with DTR 3.1.2R, that on 17 July 2012, the transactions set out below occurred in London in connection with new ordinary shares of ¹⁴/₅₅ pence each in the share capital of Melrose, provisionally allotted (nil paid) (each a "Nil Paid Right"). Each of the persons identified below is a "person discharging managerial responsibility" as such term is defined in the Disclosure and Transparency Rules (the "DTRs"), with the exception of Harris & Sheldon Limited, which is a "connected person" (as such term is defined in the DTRs) in respect of Christopher Miller.

·      Christopher Miller, Executive Chairman, having been allotted 11,838,610 Nil Paid Rights, subsequently sold 7,582,571 Nil Paid Rights at a price per Nil Paid Right of 79.8 pence. Immediately following such sale, Mr. Miller held 4,256,039 Nil Paid Rights;

·      Harris & Sheldon Limited, having been allotted 4,321,428 Nil Paid Rights, subsequently sold 2,482,142 Nil Paid Rights at a price per Nil Paid Right of 79.8 pence.  Immediately following such sale, Harris & Sheldon Limited held 1,839,286 Nil Paid Rights;

·      David Roper, Executive Vice-Chairman, having been allotted 11,151,340 Nil Paid Rights, subsequently sold 7,142,377 Nil Paid Rights at a price per Nil Paid Right of 79.8 pence. Immediately following such sale, Mr. Roper held 4,008,963 Nil Paid Rights;

·      Simon Peckham, Chief Executive, having been allotted 11,243,760 Nil Paid Rights, subsequently sold 7,201,572 Nil Paid Rights at a price per Nil Paid Right of 79.8 pence. Immediately following such sale, Mr. Peckham held 4,042,188 Nil Paid Rights;

·      Geoffrey Martin, Group Finance Director, having been allotted 5,536,672 Nil Paid Rights, subsequently sold 3,546,211 Nil Paid Rights at a price per Nil Paid Right of 79.8 pence. Immediately following such sale, Mr. Martin held 1,990,461 Nil Paid Rights;

·      Miles Templeman, Senior Non-Executive Director, having been allotted 626,664 Nil Paid Rights, subsequently sold 125,460 Nil Paid Rights at a price per Nil Paid Right of 79.8 pence. Immediately following such sale Mr. Templeman held 501,204 Nil Paid Rights;

·      Perry Crosthwaite, Non-Executive Director, having been allotted 206,250 Nil Paid Rights, subsequently sold 86,998 Nil Paid Rights at a price per Nil Paid Right of 79.8 pence. Immediately following such sale, Mr. Crosthwaite held 119,252 Nil Paid Rights;

·      John Grant, Non-Executive Director, having been allotted 291,694 Nil Paid Rights, subsequently sold 141,724 Nil Paid Rights at a price per Nil Paid Right of 79.8 pence. Immediately following such sale, Mr. Grant held 149,970 Nil Paid Rights; and

·      Justin Dowley, Non-Executive Director, was allotted 276,000 Nil Paid Rights. Immediately following such allotment, Mr. Dowley held 276,000 Nil Paid Rights.

-ends-

Enquiries:

M:Communications

Nick Miles/Ann-marie Wilkinson/Andrew Benbow                                                                         [phone]

This announcement is for information purposes only and shall not constitute an offer to buy, sell, issue or subscribe for, or the solicitation of an offer to buy, sell, issue, or subscribe for, any securities in Melrose or any other entity. No securities of Melrose have been or will be registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration thereunder.

 

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