Abrdn Property Regulatory News (API)

1 Jun 2007 15:53

API Group PLC01 June 2007 API Group plc FORM FOR NOTIFICATION RELATING TO TRANSACTIONS OF DIRECTORS, PDMRS OR CONNECTEDPERSONS Please complete all relevant boxes in block capital letters. 1 Name of issuer 2 State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4 API GROUP PLC (R)(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii) (iii)3 Name of person discharging managerial 4 State whether notification relates to a person responsibilities/director connected with a person discharging managerial responsibilities/ director named in box 3 and ANDREW DRUMMOND identify the connected person N/A5 Indicate whether the notification is in respect 6 Description of shares (including class), of a holding of the person referred to in boxes debenture or derivatives or financial 3 or 4 above or in respect of a non-beneficial instruments relating to shares interest ORDINARY SHARES OF 25P AS IN 3 ABOVE7 Name of registered shareholders(s) and, if more 8 State the nature of the transaction than one, the number of shares held by each of them THE GRANT OF AN OPTION TO ACQUIRE SHARES PURSUANT TO THE API GROUP PLC 2006 PERFORMANCE ANDREW DRUMMOND SHARE PLAN9 Number of shares, debentures or financial 10 Percentage of issued class acquired (treasury instruments relating to shares acquired shares of that class should not be taken into account when calculating percentage) 16,375 0.04%11 Number of shares, debentures or financial 12 Percentage of issued class disposed (treasury instruments relating to shares disposed shares of that class should not be taken into account when calculating percentage) N/A N/A13 Price per share or value of transaction 14 Date and place of transaction NIL 31 May 2007 LONDON STOCK EXCHANGE15 Total holding following notification and total 16 Date issuer informed of transaction percentage holding following notification (any treasury shares should not be taken into account 31 May 2007 when calculating percentage) 0 (but deemed to be interested in shares under option) If a director or person discharging managerial responsibilities has been grantedoptions by the issuer complete the following boxes17 Date of grant 18 Period during which or date on which it can be exercised 31 May 2007 31 May 2010 - 30 May 2017 19 Total amount paid (if any) for grant of the 20 Description of shares or debentures involved option (class and number) NIL 16,375 ordinary shares of 25p each 21 Exercise price (if fixed at time of grant) or 22 Total number of shares or debenture over which indication that price is to be fixed at the time options held following notification of exercise 174,125 ordinary shares of 25p each NIL23 Any additional information 24 Name of contact and telephone number for queries N/A S PLANT, COMPANY SECRETARY (t) (01625) 650570 Name, title and signature of duly authorised officer of issuer responsible for making notification MR SIMON PLANT, COMPANY SECRETARY, API GROUP PLC Signature ..................................................................................................................... Date of notification 1 June 2007 This information is provided by RNS The company news service from the London Stock Exchange