Information  X 
Enter a valid email address

SABMiller PLC (SAB)

  Print      Mail a friend       Annual reports

Friday 06 June, 2008

SABMiller PLC

Director/PDMR Shareholding

RNS Number : 1977W
SABMiller PLC
06 June 2008
 



SABMiller plc


Notification of Transactions of Directors/PDMR's in accordance with DTR3.1


EBT Additional Award


The independent trustee of the SABMiller plc Employees' Benefit Trust (the 'EBT'), notified the company on 5 June 2008 that it had on 30 May 2008 exercised its discretion and released 198,536 ordinary shares in SABMiller plc to directors and persons exercising managerial responsibility (PDMR's) participating in the Performance Share Award Scheme (the 'Scheme').  


On 5 July 2006 the company announced that the TSR performance condition had been achieved in respect of Scheme awards made on 23 May 2003The directors/PDMR's elected to retain these vested awards with the EBT for a further two years. That period having expired, the trustee has awarded additional nil-cost awards to the directors/PDMR's. The numbers of additional shares awarded and those sold and retained by directors and PDMR's are set out below:

 

Name of Directors 

and PDMR's

Additional shares 

awarded to Director/

PDMR's

Shares sold / sufficient shares sold to meet PAYE and NIC liability (where applicable)

Shares retained by Director/PDMR's

Revised Total Beneficial holding following EBT award and sale

E. A. G. Mackay*

81,930

33,592

48,338

756,219

M. I. Wyman*

38,335

15,718

22,617

471,413

A. J. Clark

20,354

7,277

13,077

58,087

SM. Clark

18,040

7,397

10,463

40,600

J. Nel

20,295

8,321

11,974

61,748

C.A. van Kralingen

19,582

7,833

11,749

45,137


* Directors


Price per share for shares sold: £12.24

Date of sale: 23 May 2008

Date company informed of sale: 5 June 2008



The shares sold on behalf of the directors and PDMR's either in entirety or to meet PAYE and NIC liability (where applicable) were purchased by the EBT. Following these transactions, the EBT holds a total of 4,432,605 ordinary shares in SABMiller plc in which certain senior employees including the following directors and PDMR's have an interest as potential beneficiaries: Mr E.A.G. Mackay, Mr. M.I. Wyman, Mr. M. Bowman, Dr. A.J. Clark, Ms. S. M. Clark, Mr J. Davidson, Mr N.T. Fell, Mr. C.A. van Kralingen, Mr N.T. Long, Mr A. Mervis, Mr. J. Nel and Mr. B.J.K. Smith.




John Davidson

General Counsel and Group Company Secretary

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