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IMI PLC (IMI)

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Thursday 10 March, 2011

IMI PLC

Director/PDMR Shareholding

RNS Number : 7406C
IMI PLC
10 March 2011
 



10 March 2011

 

IMI plc (the "Company")

Director/PDMR Shareholding

This information is disclosed under DTR 3.1.4R(1)

GRANT OF AWARDS UNDER THE 2005 LONG TERM INCENTIVE PLAN, KNOWN AS THE PERFORMANCE SHARE PLAN ("PSP")

On 10 March 2011 the Company granted to each of the following Persons Discharging Managerial Responsibility awards 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 PSP.

Name

Position

 

Number of shares

Martin Lamb

Chief Executive

 

75,300

Douglas Hurt

Finance Director

 

41,300

Roy Twite

Executive Director

 

39,000

Ian Whiting

Executive Director

 

36,000

Sean Toomes

President, Indoor Climate

 

21,100

No consideration was paid for the grant of the awards.  Martin Lamb, Douglas Hurt and Roy Twite received nil cost options and Ian Whiting and Sean Toomes each received a deferred share award.  Under normal circumstances, the awards will vest on 10 March 2014, subject to the applicable performance conditions being met.  

 

Enquiries to:

 

Helen Afford               Corporate Counsel               Tel:      0121 717 3700

 

 

 

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This information is provided by RNS
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