14 Sep 2012 15:46
14 September 2012
Cobham plc
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
Cobham plc (the "Company") announces that, in respect of ordinary 2.5 pence shares of the Company ("Shares"), notification has been received from Mr Robert Murphy, Chief Executive Officer of the Company, that he has been granted:
1. A share award over 451,917 Shares under the Company's Performance Share Plan 2007 ("PSP"). An award under the PSP ordinarily vests on the third anniversary of the date of grant to the extent that applicable performance conditions are met.
2. A share award over 216,915 Shares under the Company's Performance Share Plan 2007 ("PSP"). This award is in recognition of the loss of value in unvested equity forfeited from his former employer and vests in three tranches with the final vest on 15 December 2014.
3. A share award over 126,779 Shares under the Company's Performance Share Plan 2007 ("PSP"). This award is in recognition of the loss of pro rata annual incentive payment forfeited from his former employer and vests on 15 April 2013.
Name of contact and telephone number for queries:
Julian Wais
Director of Investor Relations
01202 857998