Director/PDMR Shareholding

RNS Number : 3830Y

SMG PLC

04 July 2008

 



SMG plc (the 'Company')

4 July 2008

NOTIFICATION OF DIRECTOR/PDMR SHAREHOLDING  

SMG plc LONG-TERM INCENTIVE PLAN ('LTIP')

The Company announces the release of conditional share awards granted on 6 June 2005 under the Company's LTIP to one of its Executive Directors and three Persons Discharging Managerial Responsibilities ('PDMRs') on 3 July 2008.

The Company achieved average annual ROCE growth of 12.19% over the three year performance period. Therefore, in accordance with the rules of the LTIP, 13.75% of the shares subject to the awards have been released.

Accordingly on 3 July 2008, the Executive Director and PDMRs listed below became the legal and beneficial owners of the following ordinary shares of 2.5p each in the Company at a price of 12.5 pence per share:

Executive Director                     Number of Ordinary shares       % Issued Share Capital  

                                                                      Released  

George Watt                                                    31,746                                     0.0033%

PDMRs

David Archer                                                      4,880                                     0.0005%

Bobby Hain                                                         5,517                                     0.0006%

Elizabeth Partyka                                               4,795                                     0.0005%

Jane E A Tames

Company Secretary, SMG plc

Tel: [phone]

 

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