16 Oct 2009 13:57
Styles & Wood Group plc (the "Company" or "Styles & Wood")
Notification of transactions of Director/Persons discharging managerial responsibility and connected persons
The Company announces today that directors and persons discharging managerial responsibilities were granted conditional nil-cost options under the Styles & Wood Group plc 2006 Performance Share Plan.
The options have been granted as follows:
| | Position | Number of Shares under Option under 2009 grant | Total number of shares under Options held following grant |
| Ivan McKeever | CEO | 695,518 | 736,282 |
| Philip Lanigan | Finance Director | 309,119 | 309,119 |
| Andrew Shaw | PDMR | 247,295 | 266,014 |
| Stephen Ramsden | PDMR | 247,295 | 266,014 |
| Peter Hopley | PDMR | 247,295 | 264,788 |
The options are exercisable from 15 October 2012 to 15 October 2019 with exerciseconditional upon the Company meeting performance targets set by the Remuneration Committee of the Company and which trigger vesting on an incremental scale.
Enquiries:
Philip Nicholas Lanigan 0161 926 6000.
Group Finance Director of Styles & Wood