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Director/PDMR Shareholding

17 Feb 2015 17:58

RNS Number : 1750F
Catlin Group Limited
17 February 2015
 



17 February 2015

 

 

Catlin Group Limited

 

DIRECTORS' AND PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES' SHAREHOLDINGS

 

 

It is announced that the following acquisitions of Common Shares occurred upon the exercise of nil cost Performance Share Plan awards on 13 February 2015:

 

Name

Status

Number of Common Shares Acquired

 

Number of Common Shares Disposed

Benjamin Meuli

Director

 

204,898

n/a

As a result of exercising his PSP awards, Mr Meuli will receive an additional 49,180

Common Shares representing dividend equivalents on 20 February 2015. His total holding at that date will be 1,242,456 Common Shares.

 

Paul Brand

Person discharging managerial responsibilities

 

182,033

85,814 at 702.5p per share

As a result of exercising his PSP award, Mr Brand will receive an additional 43,632 Common Shares representing dividend equivalents on 20 February 2015. His total holding at that date will be 1,372,097 Common Shares.

 

 

The above PSP awards were satisfied by the issue of new shares and the dividend equivalents by shares from the Catlin Group Limited Employee Benefit Trust.

 

This announcement is made in accordance with Disclosure and Transparency Rule 3.1.4 R (1)(a).

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