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IMI PLC (IMI)

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Thursday 09 April, 2009

IMI PLC

Director/PDMR Shareholding

RNS Number : 4640Q
IMI PLC
09 April 2009
 



9 April 2009


IMI plc (the 'Company')

Notification of transactions of directors/ persons discharging managerial responsibility


This information is disclosed under DTR 3.1.4R(1).

Grant of options under the IMI Sharesave Plan

On 9 April 2009, under the terms of the IMI Sharesave Plan, the following directors were granted options to buy ordinary shares in the Company at an option price of 201.36p per share.  The savings contracts will commence on 1 August 2009.

Name

Position 

Savings Term

Number of options granted at 201.36p

Period during which option exercisable

Total number of options held under the IMI Sharesave scheme

Martin Lamb

Chief Executive Director


3 years

4,544

01.08.2012 to 31.01.2013

12,620

Douglas Hurt

Finance Director


5 years

7,772

01.08.2014 to 31.01.2015

7,772

Roy Twite

Executive Director


3 years

4,544

01.08.2012 to 31.01.2013

4,544

The Company has also been informed that Roy Twite and Douglas Hurt have cancelled their previous savings contracts under the IMI Sharesave Plan which commenced on 1 August 2007 with options over 3,166 shares and 1,827 shares respectively at an option price of 517.18p.


Enquiries to:


Helen Afford        Corporate Counsel        Tel:    0121 717 3700


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