Hays Regulatory News (HAS)

10 Nov 2011 12:22

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

Hays plc (the "Company")

In accordance with Disclosure and Transparency Rule 3.1.4R(1)(a), the Company hereby notifies you of the following changes in the interests of directors and persons discharging managerial responsibility ("PDMRs") in the Ordinary share capital of the Company.

DIVIDEND EQUIVALENT SHARES

As announced on 18 October 2011, vested elements of awards granted in 2008 under the Deferred Annual Bonus Plan ("DAB") and the Performance Share Plan ("PSP") were released to certain PDMRs. The Company stated that the vested awards qualified for dividend equivalent shares relating to the 2011 final dividend (record date 14 October 2011), which would not be released and announced until after declaration of the final dividend at the Company's Annual General Meeting, which was held yesterday, 9 November 2011.

The table below sets out the dividend equivalent shares released to the PDMRs yesterday under the DAB and PSP following the declaration of the final dividend, together with the number of shares sold at a price of 74.06 pence per share to meet the tax liability on the dividend equivalent shares.

DIVIDEND TOTAL EQUIVALENT SHARES SHARES SHARES SHARESNAME (DAB) (PSP) RELEASED SOLD RETAINEDAlistair Cox* 32,470 14,361 46,831 24,403 22,428Paul Venables* 11,471 10,354 21,825 11,373 10,452Tim Cook 0 6,268 6,268 3,266 3,002Nick Cox 2,450 7,225 9,675 5,042 4,633James Cullens 0 5,470 5,470 2,851 2,619

Sholto Douglas-Home 1,085 4,217 5,302 2,764 2,538 Nigel Heap

6,059 6,654 12,713 0 12,713Steve Weston 0 6,268 6,268 3,266 3,002Alison Yapp 1,862 4,786 6,648 3,465 3,183

* Denotes a director of the Company.

As a result of the above transactions, the directors' interests in the Ordinary share capital of the Company (excluding share options and unvested incentive shares but including shares held beneficially under deferred bonus arrangements) now stand as follows:

Alistair Cox: 2,308,467 sharesPaul Venables: 1,506,961 shares

For further information in respect of this announcement please contact Neil Tsappis, Deputy Company Secretary, Hays plc, +44(0)20 7383 2266.

10 November 2011