Last checked at 1 Sep 2011 17:04
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS
1. Name of Company
DE LA RUE PLC
2 & 3. Details of Transactions
TRANSACTION NOTIFIED IN ACCORDANCE WITH DTR 3.1.2R
PDMR | Director | |
KEVIN FREEGUARD | YES |
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
N/A
5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest.
N/A
6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares.
ORDINARY SHARES OF 44 152/175 PENCE
7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them.
ARDEL TRUST COMPANY (GUERNSEY) LIMITED
8. State the nature of the transaction.
VESTING AND RELEASE OF ALLOCATIONS UNDER DEFERRED BONUS AND MATCHING SHARE PLAN. ARDEL TRUST COMPANY (GUERNSEY) LIMITED AS TRUSTEE OF THE DE LA RUE EMPLOYEE SHARE OWNERSHIP TRUST SUBSCRIBED FOR SHARES TO SATISFY THE VESTING OF DEFERRED SHARE ALLOCATIONS MADE ON 26 AUGUST 2008.
9. Number of shares, debentures or financial instruments relating to shares acquired.
6,054* ORDINARY SHARES OF 44 152/175 PENCE |
* SEE ADDITIONAL INFORMATION
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage).
0.006%
11. Number of shares, debentures or financial instruments relating to shares disposed.
3,160 ORDINARY SHARES OF 44 152/175 PENCE (DISPOSAL OF SUFFICIENT SHARES TO MEET PAYE/NI LIABILLITY ON VESTING) |
12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage).
0.003%
12. Price per share or value of transaction.
NIL CONSIDERATION ON VESTING
804.5p PER SHARE AT DISPOSAL
13. Date and place of transaction.
1 SEPTEMBER 2011
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage).
58,170 OPTIONS OVER SHARES (0.058%)
2,894 SHARES REGISTERED IN OWN NAME (0.003%) |
16. Date issuer informed of transaction.
1 SEPTEMBER 2011
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17. Date of Award.
N/A
18. Period during which or date on which it can be exercised.
N/A
19. Total amount paid (if any) for grant of the option.
N/A
20. Description of shares or debentures involved (class and number).
N/A
21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise.
N/A.
22. Total number of shares or debentures over which options held following notification.
N/A
23. Any additional information.
MATCHING ALLOCATIONS UNDER THE DEFERRED BONUS AND MATCHING SHARE PLAN ARE SUBJECT TO PERFORMANCE CONDITIONS WHICH FAILED. 7,823 MATCHING SHARES LAPSED.
KEVIN FREEGUARD ALSO RECEIVED AN ADDITIONAL AWARD OF SHARES EQUAL IN VALUE TO THE AMOUNT OF DIVIDENDS WHICH WOULD HAVE BEEN PAYABLE ON THE DEFERRED SHARE ALLOCATION TOTALLING 839 DIVIDEND SHARES.
24. Name of contact and telephone number for queries
ED PEPPIATT, COMPANY SECRETARY
CONTACT NUMBER: 01256 605343
1 SEPTEMBER 2011