HYVE.L Regulatory News (HYVE)

1 Feb 2008 09:46

ITE Group PLC01 February 2008 NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIALRESPONSIBILITY OR CONNECTED PERSONS This form is intended for use by an issuer to make a RIS notification requiredby DR 3.1.4R(1). (1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24. (2) An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24. (3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24. (4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. Please complete all relevant boxes in block capital letters. 1. Name of the issuer ......ITE GROUP PLC.............................. 2. State whether the notification relates to (i) a transaction notified inaccordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (asextended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii) .........(iii)........................... 3. Name of person discharging managerial responsibilities/director ......EDWARD STRACHAN.............................. 4. State whether notification relates to a person connected with a persondischarging managerial responsibilities/director named in 3 and identify theconnected person .................................... 5. Indicate whether the notification is in respect of a holding of the personreferred to in 3 or 4 above or in respect of a non-beneficial interest ......IN RESPECT OF 3 ABOVE.............................. 6. Description of shares (including class), debentures or derivatives orfinancial instruments relating to shares .........ORDINARY 1p SHARES........................... 7. Name of registered shareholders(s) and, if more than one, the number ofshares held by each of them ......EDWARD STRACHAN.............................. .................................... 8 State the nature of the transaction ......23,392 SHARES ACQUIRED FOLLOWING VESTING OF CONTINGENT SHARE AWARDS UNDEREMPLOYEES' PERFORMANCE SHARE PLAN AND 225,146 SHARES ACQUIRED FOLLOWING EXERCISEOF NOMINAL OPTIONS UNDER KEY CONTRACTORS' PERFORMANCE SHARE PLAN................................ .................................... 9. Number of shares, debentures or financial instruments relating to sharesacquired .........248,538........................... 10. Percentage of issued class acquired (treasury shares of that class shouldnot be taken into account when calculating percentage) .........0.10%........................... 11. Number of shares, debentures or financial instruments relating to sharesdisposed ......N/A.............................. 12. Percentage of issued class disposed (treasury shares of that class shouldnot be taken into account when calculating percentage) .........N/A........................... 13. Price per share or value of transaction ...138.75P .............................. 14. Date and place of transaction 31 JANUARY 2008, London................................. 15. Total holding following notification and total percentage holding followingnotification (any treasury shares should not be taken into account whencalculating percentage) ...EDWARD STRACHAN:2,095,744 -0.83% KYZYL TAN CONSULTANTS LIMITED: 6,000,000-2.38 %................................. 16. Date issuer informed of transaction ......31 JANUARY 2008.............................. If a person discharging managerial responsibilities has been granted options bythe issuer complete the following boxes 17 Date of grant .................................... 18. Period during which or date on which it can be exercised .................................... 19. Total amount paid (if any) for grant of the option .................................... 20. Description of shares or debentures involved (class and number) .................................... .................................... 21. Exercise price (if fixed at time of grant) or indication that price is to befixed at the time of exercise .................................... 22. Total number of shares or debentures over which options held followingnotification .................................... 23. Any additional information PURSUANT TO VESTING OF 23,392 CONTINGENT SHARE AWARDS UNDER EMPLOYEES'PERFORMANCE SHARE PLAN AND EXERCISE OF 225,146 NOMINAL OPTIONS UNDER KEYCONTRACTORS' PERFORMANCE SHARE PLAN-BOTH GRANTED ON 13 JANUARY 2005 VESTING ON13 JANUARY 2008 HAVING SATISFIED THE PERFORMANCE TARGETS .................................... 24. Name of contact and telephone number for queries ......MR. ANIL GADHIA. 02075965024.............................. Name and signature of duly authorised officer of issuer responsible for makingnotification ......MR RUSSELL TAYLOR................................ Date of notification ...1 FEBRUARY 2008................................. END This information is provided by RNS The company news service from the London Stock Exchange