Director/PDMR Shareholding

RNS Number : 4253Q

PZ CUSSONS PLC

03 August 2010

 

3 August 2010  

PZ Cussons Plc (the "Company")  

Directors Dealing  

This notification is made in accordance with DR 3.1.4R(1)(a).  

On 2 August 2010 the following Directors of the Company and other persons discharging managerial responsibility ("PDMRs") were granted conditional awards ("Awards") under the PZ Cussons Performance Share Plan to acquire the following numbers of ordinary shares of 1p each in the Company as set out below.  

Executive Director       Number of shares    

Mr G A Kanellis               131,633

Mr C G Davis                 84,184            

Mr B H Leigh                  82,653

Mr J Pantelireis               71,939

PDMR                           Number of shares  

Mr R Adamson               23,650

Mr P Fogelstrom            40,327

Mr C Gendis                   24,199

Mr P Milner                    20,663 

Mr S O'Hara                   18,889

Mr T Perman                  45,796

Mr S Plant                      19,148

Mr N Simonsz                23,526

The Awards will ordinarily vest at nil cost on the third anniversary of grant

subject to the grantee's continued employment and the attainment of performance targets. No consideration is payable in respect of the grant of the Awards.    

On the same date the following awards of ordinary shares in the Company were made to Executive Directors and PDMRs under the terms of the PZ

Cussons Deferred Annual Share Bonus Scheme ("the Scheme"):-  

Executive Director       Number of shares    

Mr G A Kanellis               85,380        

Mr C G Davis                 54,600

Mr B H Leigh                  53,610            

Mr J Pantelireis               46,660        

PDMR                           Number of shares  

Mr R Adamson               19,960

Mr P Fogelstrom            28,920

Mr C Gendis                   20,320

Mr P Milner                    17,350 

Mr S O'Hara                   15,940

Mr S Plant                      16,070

Mr N Simonsz                19,570

In respect of the year ended 31 May 2010, senior executives, including the Executive Directors and PDMRs listed above, were eligible to participate in the Scheme, pursuant to which they could earn an annual bonus linked to financial performance targets. Bonus awards for this period are payable 50% in cash and 50% in deferred shares. The awards set out above relate to deferred shares awarded as a result of the attainment of performance targets for the year ended 31 May 2010.  

The deferred shares will normally be transferred to the Executive Director or PDMR from the Paterson Zochonis Employee Trust in three years' time, provided that he remains an employee of a PZ Cussons Plc group company.

Name of contact and telephone number for queries:  

Sam Plant  

Company Secretary, PZ Cussons Plc  

(T) (00) 44 (0)161 435 1000  

Date: 3 August 2010  

 

END

 

 

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