1 Jul 2015 16:04
Consort Medical plc
Director/PDMR shareholding
1 July 2015
Consort Medical plc announces that the undermentioned directors and other persons discharging managerial responsibilities, ('PDMRs'), have received shares under the terms of the Consort Medical plc Deferred Bonus Plan ('DBP').
The DBP awards vested on 19 June 2015 pursuant to an Award made on 19 June 2012 and were exercised for nil consideration by the individuals on 26 June 2015 within the 40 day period allowed for the exercise of awards.
The exercise of the awards was satisfied out of the ordinary shares held in the Consort Medical plc Employee Share Ownership Trust.
The exercises of awards/disposals referred to below were made on 26 June 2015 at £9.1275 per share: the Company was informed of the above transactions by the Consort Medical Employee Share Ownership Trust on 30 June 2015.
Individual | Director /PDMR | Total shares vested | Shares sold
| Shares retained | Total shares held following the event | % of share capital |
Jonathan Glenn | Director | 40,236 | 18,911 | 21,325 | 145,119* | 0.30% |
Lisa King | PDMR | 9,426 | 9,426 | 0 | 10,376 | 0.02% |
Keyvan Djamarani | PDMR | 4,718 | 4,718 | 0 | 18,503 | 0.04% |
All of the shares sold by Mr Glenn, (18,911) were sold to cover tax liabilities.
*Mr Glenn's shareholding is inclusive of shares acquired pursuant to a Long Term Incentive Plan award exercised on the same date
Enquiries: I Ward, Company Secretary 01442 867920