Ferrexpo Regulatory News (FXPO)

1 Apr 2008 16:47

Ferrexpo PLC01 April 2008 NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIALRESPONSIBILITY OR CONNECTED PERSONS This form is intended for use by an issuer to make a RIS notification requiredby DR 3.1.4R(1). (1) An issuer making a notification in respect of a transaction relating to theshares or debentures of the issuer should complete boxes 1 to 16, 23 and 24. (2) An issuer making a notification in respect of a derivative relating to theshares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24. (3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and17 to 24. (4) An issuer making a notification in respect of a financial instrumentrelating to the shares of the issuer (other than a debenture) should completeboxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. Please complete all relevant boxes in block capital letters. 1. Name of the issuer FERREXPO PLC 2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (asextended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii) This Notification relates to transactions notified in accordance with (i), DR3.1.4R(1)(a). 3. Name of persons discharging managerial responsibilities/director Directors Mr Oliver Baring Mr Wolfram Kuoni Mr Lucio Genovese Persons Discharging Managerial Responsibility Mr Simon Wandke Mr David Webster 4. State whether notification relates to a person connected with a persondischarging managerial responsibilities/directors named in 3 and identify theconnected person Notification only relates to persons named in 3. 5. Indicate whether the notification is in respect of a holding of the personreferred to in 3 or 4 above or in respect of a non-beneficial interest Notification only relates to persons named in 3. 6. Description of shares (including class), debentures or derivatives orfinancial instruments relating to shares Ordinary Shares of 10 pence each in Ferrexpo plc. 7. Name of registered shareholders(s) and, if more than one, the number ofshares held by each of them Greenwood Nominees Limited on behalf of Appleby Trust (Jersey) Limited asTrustee for the Ferrexpo AG Employee Benefit Trust. 8 State the nature of the transaction Disposal of beneficial interest in shares retained by Appleby Trust (Jersey)Limited on behalf of the Ferrexpo AG Employee Benefit Trust (the "Trust") underthe terms of the trust deed of the Trust in order to settle tax and socialsecurity liabilities on behalf of beneficiaries, including the personsdischarging managerial responsibility and directors named above. 9. Number of shares, debentures or financial instruments relating to sharesacquired N/A 10. Percentage of issued class acquired (treasury shares of that class shouldnot be taken into account when calculating percentage) N/A 11. Number of shares, debentures or financial instruments relating to sharesdisposed On behalf of: Oliver Baring - 4,944 Lucio Genovese - 4,691 Wolfram Kuoni - 4,691 Simon Wandke - 12,475 David Webster - 19,457 Total - 46,258 12. Percentage of issued class disposed (treasury shares of that class shouldnot be taken into account when calculating percentage) On behalf of: Oliver Baring - 0.0008% Lucio Genovese - 0.0008% Wolfram Kuoni - 0.0008% Simon Wandke - 0.0020% David Webster - 0.0032% 13. Price per share or value of transaction In the case of Mr Oliver Baring, 242 pence and in the case of Messrs Genovese,Kuoni, Wandke and Webster, 185 pence. 14. Date and place of transaction In the case of Mr Oliver Baring, 17 December 2007 and in the case of MessrsGenovese, Kuoni, Wandke and Webster, 13 July 2007. All transactions took placein Jersey, Channel Islands. 15. Total holding following notification and total percentage holding followingnotification (any treasury shares should not be taken into account whencalculating percentage) Holding Percentage Oliver Baring - 19,176 0.0031% Lucio Genovese - 313,659 0.0511% Wolfram Kuoni - 27,945 0.0046% Simon Wandke - 184,498 0.0301% David Webster - 183,577 0.0299% 16. Date issuer informed of transaction 31 March 2008 If a person discharging managerial responsibilities has been granted options bythe issuer complete the following boxes 17 Date of grant N/A 18. Period during which or date on which it can be exercised N/A 19. Total amount paid (if any) for grant of the option N/A 20. Description of shares or debentures involved (class and number) N/A 21. Exercise price (if fixed at time of grant) or indication that price is to befixed at the time of exercise N/A 22. Total number of shares or debentures over which options held followingnotification N/A 23. Any additional information The directors and PDMRs concerned were only recently made aware of these changesin their beneficial holdings, and they each notified the respective changes toFerrexpo plc on 31 March 2008, being the earliest opportunity for them to do so. 24. Name of contact and telephone number for queries Mr Chris Stamp - +44 (0)20 7389 8300 Name and signature of duly authorised officer of issuer responsible for makingnotification Mr Chris Stamp, Authorised Representative, Prism Cosec Ltd - Company Secretary,Ferrexpo plc. Date of notification 1 April 2008 END This information is provided by RNS The company news service from the London Stock Exchange