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Lavendon Group plc alert service

RNS Number : 9946Y
Lavendon Group PLC
23 May 2016
 

 

Lavendon Group plc (the "Company")

 

Director and PDMR Announcement

Under the terms of the Company's Deferred Share Bonus Plan ("Plan"), awards granted on 6 May 2015 over ordinary shares of 1p each in the Company ("Ordinary Shares") have vested and been exercised. Within these awards, and in accordance with the rules of the Plan, additional awards representing the value of dividends that would have been paid on the vested shares during the period between the date of grant and the date of vesting of the awards have been made. A summary of the awards is set out below:



Basic Award

Dividend Equivalent

Total Award

Don Kenny

Chief Executive

30,041

1,213

31,254

Alan Merrell

Group Finance Director

21,944

886

22,830

Gonzague Depraetere

Managing Director - France

8,148

329

8,477

Hayley Holloway

Group HR Director

10,580

427

11,007

Mike Evenson

Group Technical and Performance Improvement Director

9,903

400

10,303

 

                                                                                                                                               

 

The Company has been notified that on 20 May 2016 the following individuals have sold Ordinary Shares at a price of 129.47 pence per Ordinary Share. 

 

                                               

 

 

 

 

 

Shares

Disposed

Don Kenny

Chief Executive

14,751

Alan Merrell

Group Finance Director

10,775

Gonzague Depraetere

Managing Director - France

8,477

Hayley Holloway

Group HR Director

11,007

Mike Evenson

 

Group Technical and Performance Improvement Director

 

10,303

 

Following the exercise of awards under the Plan and subsequent sale of shares, a summary of the beneficial interests of these individuals in the share capital of the Company and their remaining interests in share incentive schemes over Ordinary Shares in the Company is set out below:

 

 

 

 

 

 

Ordinary

Shares


Share Incentive Scheme Awards

Outstanding






Don Kenny

Chief Executive

417,535


790,694

Alan Merrell

Group Finance Director

266,636


508,739

Gonzague Depraetere

Managing Director - France

-


223,592

Hayley Holloway

Group HR Director

-


146,954

Mike Evenson

Group Technical and Performance Improvement

Director

-

 

 

 

136,545

 

 

For further information please contact:

Lavendon Group plc

Richard Cole, Company Secretary 

 

T: +44(0)1455 558874

 

 

For and on behalf of Lavendon Group plc

23 May 2016


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DSHPGUAUAUPQUBW

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