Abrdn Property Regulatory News (API)

31 Mar 2008 15:17

API Group PLC31 March 2008 API Group plc FORM FOR NOTIFICATION RELATING TO TRANSACTIONS OF DIRECTORS, PDMRS OR CONNECTED PERSONS Please complete all relevant boxes in block capital letters. 1 Name of issuer 2 State whether the notification relates to (i) a transaction API Group plc notified in accordance with DR 3.1.4(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 4 State whether notification managerial responsibilities/ relates to a person connected director with a person discharging managerial responsibilities/ Andrew Turner, Group Chief director named in box 3 and Executive Officer identify the connected person N/A 5 Indicate whether the notification 6 Description of shares (including is in respect of a holding of the class), debenture or derivatives person referred to in boxes 3 or or financial instruments relating 4 above or in respect of a to shares non-beneficial interest Ordinary shares of 1 penny As in 3 above 7 Name of registered shareholders 8 State the nature of the (s) and, if more than one, the transaction number of shares held by each of them The grant of an option to acquire shares pursuant to the API Group As in 3 above plc 2006 Performance Share Plan 9 Number of shares, debentures or 10 Percentage of issued class financial instruments relating to acquired (treasury shares of that shares acquired class should not be taken into account when calculating Options over 800,000 shares percentage) 1.14% 11 Number of shares, debentures or 12 Percentage of issued class financial instruments relating to disposed (treasury shares of that shares disposed class should not be taken into account when calculating N/A percentage) N/A 13 Price per share or value of 14 Date and place of transaction transaction 28 March 2008 Nil London Stock Exchange 15 Total holding following 16 Date issuer informed of notification and total percentage transaction holding following notification (any treasury shares should not 28 March 2008 be taken into account when calculating percentage) 26,741 (excluding deemed interest in shares under option) If a director or person discharging managerial responsibilities has been grantedoptions by the issuer complete the following boxes 17 Date of grant 18 Period during which or date on which it can be exercised 28 March 2008 28 March 2011 - 28 March 2018 19 Total amount paid (if any) for 20 Description of shares or grant of the option debentures involved (class and number) Nil 800,000 ordinary shares of 1 penny 21 Exercise price (if fixed at time 22 Total number of shares or of grant) or indication that price debenture over which options held is to be fixed at the time of following notification exercise 800,000 Nil 23 Any additional information 24 Name of contact and telephone number for queries Sam Plant, Company Secretary 01625 650570 Name, title and signature of duly authorised officer of issuer responsible for making notification MR S PLANT, COMPANY SECRETARY, API GROUP PLC Signature ................................................................................................................ Date of notification 31 March 2008 This information is provided by RNS The company news service from the London Stock Exchange