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5 Apr 2011 16:53
Brammer plc ("the Company")
Directors/PDMR Shareholdings
Notifications of Transactions of Directors, Persons Discharging Managerial Responsibility or Connected Persons pursuant to DTR 3.1.4R
Brammer plc was notified on 4 April 2011 by the Trustees of the Brammer plc Employee Share Ownership Trust ("the Trust") that on 4 April 2011, shares relating to awards over its ordinary shares of 20p each under the Company's Share Matching Plan which had vested on 19 March 2011, were released by the Trust to the following participants and/or their Connected Parties:
DIRECTORS | NUMBER OF ORDINARY SHARES | SHARES SOLD |
IAN FRASER | 19,858 | 10,128 |
PAUL THWAITE | 13,093 | 6,678 |
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES | NUMBER OF ORDINARY SHARES | SHARES SOLD |
CHRIS SHORT | 8,439 | 4,304 |
IAN RITCHIE | 6,205 | 3,165 |
NEIL ROGERS | 7,562 |
|
NIGEL TREND | 5,895 | 2,417 |
ERIC DIJKSTRA | 2,288 |
|
CARL-FRIEDRICH WAYAND | 3,661 |
|
PHILIPPE HERVIEUX | 7,903 |
|
RALF HELLWIG | 4,316 |
|
JOHN VEALE | 4,234 | 100 |
JOCHEN DIEHM | 3,246 |
|
Shares were sold by the participants referred to above at £2.733 per share on 21 March 2011 to meet the tax liability due as a consequence of the vesting of the Awards.
The Share Matching Plan was approved by shareholders at the annual general meeting in May 2005. The Awards were granted in March 2008. The participants are not required to make any payment for the vesting shares which vest on the achievement of specified performance targets. The performance targets were measured over a three year period which commenced on 1 January 2008.
Name of authorised Company official responsible for making this notification:
Graham Jones
Deputy Company Secretary
0161 902 5573
5 April 2011
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