23 Mar 2016 12:04
CHARLES TAYLOR PLC - Director/PDMR ShareholdingCHARLES TAYLOR PLC - Director/PDMR Shareholding
PR Newswire
London, March 23
Charles Taylor plc (the “Company”)
Director PDMR Shareholding
Vesting of share awards and Director purchase of shares
The Company announces that on 23 March 2016, the following Executive Director and PDMR’s received nil cost ordinary shares of 1p each in the Company (“shares”) on the maturity of a third each of their deferred annual bonus share awards for 2014. Following the maturity, each recipient requested that the Trustee of the Charles Taylor Employees’ Share Ownership Plan (“the Trustee”) sell sufficient shares to cover their tax and NI liabilities and dealing costs and transfer the balance into their name as indicated below:-
| ||||||||||||||||||||||||||||
|
\* The figures for Jeremy Grose, Ivan Keane and Jeffrey More also include shares received on the maturity of a third of each of their deferred annual bonus share award for 2013.
The shares that were sold were sold at 272.5p per share.
Following this announcement, the Executive Director and PDMR’s and their connected persons hold shares as follows:-
|
This notice is given in fulfilment of the obligation under DTR3.1.4R.
For more information, please contact:
Ivan Keane – Group Company Secretary and General Counsel – 020 3320 2206
David Lanchester – Deputy Group Company Secretary – 020 3320 8829
Charles Taylor plc
23 March 2016
Notes to editors
About Charles Taylor
Charles Taylor plc is a leading provider of professional services to clients across the global insurance market. The Group has been providing services since 1884 and today employs over 1,300 staff in 69 offices spread across 28 countries in the UK, the Americas, Asia Pacific, Europe, the Middle East and Africa.
The Group offers services, principally on a fee-based model and operates through three businesses – Management, Adjusting and Insurance Support Services. Charles Taylor also owns insurers, creating value through select acquisitions and operational efficiency.
Further information is available at http://www.ctplc.com/.