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IMI PLC (IMI)

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Tuesday 23 March, 2010

IMI PLC

Director/PDMR Shareholding

RNS Number : 0183J
IMI PLC
23 March 2010
 



23 March 2010

 

 

Director/ PDMR Shareholding

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

In accordance with DTR 3.1.4R(1)(a) IMI plc (the "Company") announces that on 22 March 2010 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 Share Option Plan with an exercise price of £6.45 per share.

Name

Position

 

Number of shares

Ian Whiting

 

President, CCI

 

75,000

Sean Toomes

 

President, Indoor Climate

 

 

57,500

Tim Hubbard

 

President, IMI Cornelius Group

 

50,000

Marshall Goldberg

 

President, Merchandising

 

 

45,000

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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