Information  X 
Enter a valid email address

IMI PLC (IMI)

  Print      Mail a friend

Monday 07 April, 2008

IMI PLC

Director/PDMR Shareholding

IMI PLC
07 April 2008


7 April 2008


The Secretary
Company Announcements Office
The Stock Exchange


Dear Sir


IMI plc Executive Directors and Business Presidents - dealings in shares of IMI
Plc

DEFERRED BONUS PLAN

I hereby notify you that on 4 April 2008 the following persons, invested some or
all of their annual bonuses (in respect of performance in 2007) in acquiring a
beneficial interest in the number of IMI plc ordinary shares shown against their
name in the table below, pursuant to their participation in IMI plc's Deferred
Bonus Plan (DBP) at 465.3716p per share:
                                                              Potential maximum
                                                  Number of    matching award**                   
                                            shares acquired      Based on gross 
Name             Position                        in the DBP     amount invested
                                            
M J Lamb         Chief Executive Director,           30,982              66,100
                 IMI plc

D M Hurt         Finance Director,                   16,581              28,300
                 IMI plc

D C Nicholas     Executive Director,                 16,502              28,165
                 IMI plc

R M Twite        Executive Director,                 29,120              49,702
                 IMI plc

T Hubbard        Business President, Beverage           321                 322
                 Dispense (US)

I Whiting        Business President                  23,202             24,446
                 Severe Service

*Shares acquired via investment of annual bonus under the DBP are eligible for a
matching award, subject to performance conditions, if still held in three years'
time.

GRANT OF AWARDS UNDER THE 2005 PERFORMANCE SHARE PLAN

Further, I hereby notify you that after the close of dealing on 4 April 2008,
each of the following persons received an award, in the form of a nil-cost
option (except those marked with + who received a deferred share award) over the
number of ordinary shares shown against his name, in accordance with the rules
of the IMI plc 2005 Long Term Incentive Plan, known as the Performance Share
Plan.

Name             Position                              Number of shares

M J Lamb         Chief Executive Director,                      138,500
                 IMI plc

D M Hurt         Finance Director,                               76,000
                 IMI plc

D C Nicholas     Executive Director,                             71,500
                 IMI plc

R M Twite        Executive Director                              71,500
                 IMI plc

T Hubbard+       Business President,                              9,500
                 Beverage Dispense (US)

J A Mannebach+   Business President,                             33,500
                 Fluid Power

S Toomes         Business President,                             17,100
                 IMI Indoor Climate

I Whiting +      Business President,                             30,000
                 Severe Service

C Smith +        Acting Business President,                       8,000
                 Merchandising Systems



LEGACY AWARDS

2002 Long Term Incentive Plan (LTIP) and Deferred Share Plan

In addition, I hereby notify you that on 4 April 2008, the following persons
invested some or all of their net LTIP payment in respect of an award made in
2005 in acquiring a beneficial interest in the number of IMI plc ordinary shares
shown against their name in the table below, pursuant to their participation in
the LTIP and the 2002 Deferred Share Plan at 465.3716p per share.

                                           Number of shares   
                                            acquired in the   
                                             Deferred Share   Potential maximum
Name             Position                              Plan    matching award**

M J Lamb         Chief Executive Director,           37,225               9,306
                 IMI plc

D C Nicholas     Executive Director                  19,827               4,956
                 IMI plc

R M Twite        Executive Director                  16,872               4,218
                 IMI plc

S Toomes         Business President,                  1,479                 369
                 IMI Indoor Climate

**Shares acquired under the Deferred Share Plan are eligible for a matching
award if still held in three years' time of 1 for every four shares held.  This
matching award is not subject to performance conditions.

On 4 April 2008, R M Twite, Executive Director of the Company, exercised an
award over 397 ordinary shares in the capital of the Company.   Nothing was paid
for the exercise of this award, which was satisfied with shares held in the
Company's employee beneficial trust.   The award was granted under the IMI plc
Deferred Share Plan on 4 April 2005, prior to his appointment as an Executive
Director, and became exercisable on 4 April 2008.

Further dealings

In addition, I hereby notify you that, R M Twite (a director of this Company)
sold 6552 shares on 4 April 2008 at 465.3716p per share.

Shareholdings of executive directors

A shareholding guideline was adopted in 2005, which allows executive directors
three years (or until June 2008 for those in post in 2005) to acquire interests
in IMI plc ordinary shares representing one times salary.  Following the
transactions shown above, the beneficial interests of the executive directors'
were as follows:

Director of IMI plc             Shareholding             % of salary(^)(^)
M J Lamb                             229,134                         162.5
D M Hurt                              46,326                          59.8
D C Nicholas                         124,592                         170.5
R M Twite                             70,776                          96.8

(^)(^)based on 2008 salary and a share price of 465.3716p per share.

Yours faithfully


JO BOWER
Deputy Company Secretary


END.

                      This information is provided by RNS
            The company news service from the London Stock Exchange