Last checked at 28 Mar 2011 16:57
28 March 2011
James Fisher and Sons Plc ("the Company")
Notification of transactions of directors
Notification made in accordance with Disclosure Rule 3.1.4R (1)(a) of Disclosure and Transparency Rules.
The Company was notified on 25 March 2011 that the executive directors of the Company had increased their holdings of Ordinary Shares of 25p each in the Company ('Ordinary Shares') through the Company's Long Term Incentive Plan, following the satisfactory achievement of the relevant performance conditions.
This has been accomplished by the vesting of an aggregate of 49,826 Ordinary Shares at a deemed price of 545p being the market price at the close of business on 25 March 2011 being the date of vesting.
On 25 March 2011, an aggregate of 25,413 Ordinary Shares were sold at a price of 545p per share to fund the tax liability resulting from the award.
Details of these Ordinary Shares vesting to each executive director are set out below:
Number of Ordinary Shares vested | Number of Ordinary Shares sold | Number of Ordinary Shares retained | Beneficial Interest in Ordinary Shares following vesting and sale
| Percentage of Issued Ordinary Share Capital following vesting and sale | |
T.C.Harris | 24,291 | 12,389 | 11,902 | 292,773 | 0.59 |
N.P.Henry | 16,060 | 8,191 | 7,869 | 84,453 | 0.17 |
S.A.Harris | 9,475 | 4,833 | 4,642 | 44,224 | 0.09 |
The above transactions took place in the United Kingdom.