Last checked at 10 Apr 2012 15:22
10 April 2012
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 Rules and Transparency Rules.
The Company was notified on 10 April 2012 that T C Harris and N P Henry executive directors of the Company had increased their respective 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 on 6 April 2011 of an aggregate of 117,522 Ordinary Shares at a deemed price of 605p being the market price at the close of business on the date of vesting.
On 6 April 2012, an aggregate of 61,111 Ordinary Shares were sold at a price of 605p per share to fund the tax liability resulting from the vesting and on that date
T C Harris sold a further 34,439 Ordinary Shares at a price of 605p to the Company's Employee Share Ownership Trust.
Following these transactions T C Harris and N P Henry each has a beneficial ownership in the Company's issued ordinary share capital as follows:
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 | 71,747 | 71,747 | 0 | 283,273 | 0.57 |
N P Henry | 45,775 | 23,803 | 21,972 | 88,803 | 0.18 |
The above transactions took place in the United Kingdom.