NOTIFICATION OF TRANSACTION OF DIRECTOR/PDMR
MIAMI, Jan. 21, 2011 -- Carnival Corporation & plc (NYSE/LSE:
CCL; NYSE: CUK) announced that on January 19, 2011 awards were made to
certain executive directors and PDMRs pursuant to the Carnival Corporation
2002 Stock Plan (the "2002 Plan") and Carnival plc 2005 Employee Share Plan
(the "2005 Plan"). The awards were approved in value form and converted to a
number of shares by taking the closing price of Carnival Corporation
securities on January 19, 2011 for those receiving Carnival Corporation
awards, and by taking the closing price of Carnival plc securities on January
19, 2011 for those receiving Carnival plc awards.
Awards of Carnival Corporation restricted common stock (the
"CC Restricted Shares") were made pursuant to the 2002 Plan and the executive
directors' respective Executive Long-Term Compensation Agreements to Micky
Arison, Chairman and Chief Executive Officer of Carnival Corporation & plc
and Howard S. Frank, Vice Chairman and Chief Operating Officer of Carnival
Corporation & plc. Awards of Carnival plc restricted share units representing
a hypothetical interest in Carnival plc ordinary shares ("plc RSUs") were
made pursuant to the 2005 Plan to Pier Luigi Foschi, Chairman and Chief
Executive Officer of Costa Crociere, S.p.A., and David Dingle, Chief
Executive Officer of Carnival UK. The CC Restricted Shares and plc RSUs will
be released from restriction on January 19, 2014.
The awards described above were made to these executive
directors and PDMRs in the following amounts:
Name CC Restricted plc RSU
Shares
Micky Arison 75,683 -
Howard S. Frank 63,069 -
Pier Luigi Foschi - 23,717
David Dingle - 13,264
Upon grant, Mr. Frank surrendered 20,869 CC Restricted Shares
in satisfaction of U.S. withholding tax obligations.
Carnival was also advised on January 20, 2011 that on January 17, 2011
Lovie Tan, Mr. Dingle's spouse, sold 95 ordinary shares of Carnival plc, par
value US $1.66 on the London Stock Exchange at ₤31.12 per share.
Following the awards described above, the following executive directors
and PDMRs direct and indirect holdings are:
Name CC Restricted plc RSU
Shares
Micky Arison 180,825,098 -
Howard S. Frank 396,818 -
Pier Luigi Foschi - 145,887
David Dingle - 55,248
This notification relates to disclosures made in accordance
with 3.1.4(R)(1)(a) of the Disclosure Rules and Transparency Rules.
Further details and a copy of the Forms 4, Statement of
Changes in Beneficial Ownership of Securities, being filed with the U.S.
Securities & Exchange Commission, can be found at the SEC web site,
www.sec.gov, and the Carnival Corporation & plc web site located at
www.carnivalcorp.com or www.carnivalplc.com .
SOURCE Carnival plc
AI Summary Disclaimer BETA
The content you are viewing has been generated or assisted by artificial
intelligence (AI). While efforts are made to ensure accuracy and clarity, AI-generated text may
contain inaccuracies, outdated information, or subjective interpretations. This content is intended
for general informational purposes only and should not be considered professional advice or factual
confirmation.
We encourage you to independently verify any information provided,
especially if it will be relied upon for making decisions or taking action. Any reliance you place
on this material is strictly at your own risk. The AI system that produced this content cannot
assess the specifics of individual circumstances, and results may vary based on context and
individual needs.
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.
Create an Account
Create your FREE account to receive personalised announcements, watchlists, market updates, investment insights and new features.
Personalise your experience
Tell us a little about yourself to receive personalised content, announcements and relevant investment opportunities.