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ITE Group PLC (ITE)

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Monday 05 December, 2011

ITE Group PLC

Director/PDMR Shareholding

RNS Number : 3452T
ITE Group PLC
05 December 2011
 



ITE Group plc

 

5 December 2011

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES & CONNECTED PERSONS

ITE Group plc ('the Company') announces that Russell Taylor, Chief Executive, has exercised nominal options in respect of 235,123 Award Shares granted under the rules of the Company's Performance Share Plan in 2008.

In order to satisfy the tax liability arising in connection with this transaction, Mr Taylor subsequently sold 116,962 ordinary shares in the Company at 198.55p per share on 2 December 2011.

Following this transaction, Russell Taylor has increased his holding by 118,161 ordinary shares and now holds 1,560,000 ordinary shares in the Company representing approximately 0.63% of the issued share capital.

This notification is made pursuant to Disclosure and Transparency Rule 3.1.4(1).

 

John Price

Company Secretary

ITE Group plc

 


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