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IMI PLC (IMI)

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Friday 04 September, 2009

IMI PLC

Director/PDMR Shareholding

RNS Number : 5415Y
IMI PLC
04 September 2009
 

4 September 2009



Director/ PDMR Shareholding

IMI PLC - GRANT OF OPTIONS UNDER THE NEW IMI PLC SHARE OPTION PLAN

In accordance with DTR 3.1.4R(1)(a) IMI plc (the 'Company') announces that on 3 September 2009 the Company granted to each of the following Persons Discharging Managerial Responsibility options over the number of ordinary shares of £0.25 each in the Company shown against his name below in accordance with the rules of the Company's new Share Option Plan with an exercise price of £440.93 per share.

Name

Position

Number of shares 

Ian Whiting

President, CCI


120,000

Tim Hubbard

President, IMI Cornelius Group


90,000

Sean Toomes

President, Indoor Climate


90,000

Marshall Goldberg

President, Merchandising


75,000

No consideration was paid for the grant of the options. Under normal circumstances the options will become exercisable three years after the date they were granted and will lapse, to the extent they are not exercised, ten years after the date they were granted. .


Enquiries to:


Helen Afford        Corporate Counsel        Tel:    0121 717 3700




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