Director/PDMR Shareholding

9 Jun 2011 15:56

Hogg Robinson Group plc9 June 2011 Hogg Robinson Group (the 'Company') Directors' interest in shares

The Company hereby notifies that following awards (originally granted on 4 June 2008), under the Company's Performance Share Plan ("PSP") and Share Option Plan ("CSOP") vested on 4 June 2011 in respect of the following PDMR's as a result of performance conditions being met under those plans:

PSP CSOP

David Radcliffe 289,681 966,518

Julian Steadman 210,838 703,460

Kevin Ruffles 206,550 689,151

David Radcliffe and Kevin Ruffles both exercised the options noted above on 8 June 2011, which were then satisfied by:

* the transfer of 289,681 and 206,550 shares respectively from the Hogg Robinson Employee Benefit Trust in respect of the PSP awards, and * the allotment of 266,489 and 190,013 new ordinary shares of 1p each in the Company representing equity-settled share appreciation rights in respect of the CSOP awards, based on an exercise price of 44p per share and 60.75p, being the closing share price of the Company's shares on the date of exercise.

The Company further notifies that on 9 June 2011, David Radcliffe and Kevin Ruffles respectively sold the 556,170 and 396,563 shares resulting from the exercise of these options at a price of 61p

David Radcliffe continues to be beneficially interested in his existing holdings of 2,330,689 shares (representing 0.76% of the Company's issued share capital) and Kevin Ruffles continues to be beneficially interested in his existing holdings of 401,769 shares (representing 0.11% of the Company's issued share capital).

Notification of each of the above transactions is now made in accordance with Disclosure Rule 3.1.4R.

- ENDS -EnquiriesHogg Robinson Group plc

Keith Burgess, Company Secretary +44 (0) 1256 312 600