Last checked at 13 Aug 2014 09:00
HALMA plcDIRECTORS' AND PDMRs' SHARE TRANSACTIONS AND PURCHASE OF OWN SHARES
In accordance with 3.1.2R of the Disclosure Rules, notification is hereby given of transactions in the 10p ordinary shares of Halma by Directors and senior executives (persons discharging managerial responsibility 'PDMRs'), as follows:
VESTING OF PERFORMANCE SHARE AWARDS Notification is given relating to Performance Share Plan ('PSP') awards originally granted on 12 August 2011 and which vested on 12 August 2014 at 73.69% of the original award in accordance with the Rules of the PSP and the relevant performance criteria. Further to the vesting, shares were sold on 12 August 2014, primarily to finance the associated tax liabilities, at 581.28 pence per share (the volume weighted average share price for 11 August 2014). Details are as set out below.
After the transactions set out above, the beneficial holdings of Directors and PDMRs, including family interests, in the 10p ordinary shares of Halma have increased as follows: |
No of sharesvested12.08.14 | No of sharessold | No of sharesretained | Increasedbeneficialholding | % of issuedordinaryshare capitalexcludingtreasury shares | |
Andrew J Williams | 121,526 | 106,526 | 15,000 | 540,529 | 0.1427 |
Kevin J Thompson | 76,322 | 68,322 | 8,000 | 368,511 | 0.0973 |
Neil Quinn | 59,549 | 49,549 | 10,000 | 311,264 | 0.0822 |
Adam J Meyers | 65,255 | 55,255 | 10,000 | 312,073 | 0.0824 |
Nigel J B Trodd | 33,007 | 28,007 | 5,000 | 232,495 | 0.0614 |
Charles E Dubois | 38,865 | 33,865 | 5,000 | 103,478 | 0.0273 |
Philippe Felten | 16,684 | 0 | 16,684 | 16,684 | 0.0044 |
Martin Zhang | 17,083 | 4,271 | 12,812 | 56,793 | 0.0150 |
Carol T Chesney | 7,306 | 2,355 | 4,951 | 68,666 | 0.0181 |
PURCHASE OF OWN SHARES
Halma plc purchased 518,732 of its ordinary shares on 12 August 2014 through Investec Bank plc at the volume weighted average price for 11 August 2014 of 581.28 pence per share. The purchased shares will not be subject to cancellation and will all be held as treasury shares in order to satisfy future awards under the Halma plc Performance Share Plan 2005 ('PSP').
Following the above transactions, Halma plc holds 879,956 ordinary shares as treasury shares. The total number of ordinary shares in issue (excluding shares held as treasury shares) is 378,720,848 shares.
GRANT OF PERFORMANCE SHARE AWARDS Following the vesting of the 2011 PSP awards, notification is given relating to PSP awards over Halma 10p ordinary shares granted on 12 August 2014 and vesting on 12 August 2017, subject to performance criteria. Awards are granted for nil consideration. Details are as set out below: |
Granted 12.08.14 Vesting 12.08.17 No of shares | Total outstanding PSP awards 12.08.14 No of shares | |
Andrew J Williams | 117,748 | 374,052 |
Kevin J Thompson | 77,829 | 246,936 |
Neil Quinn | 59,203 | 187,211 |
Adam J Meyers | 62,821 | 207,996 |
Nigel J B Trodd | 38,743 | 112,237 |
Charles E Dubois | 39,768 | 121,832 |
Philippe Felten | 37,512 | 113,186 |
Martin Zhang | 27,592 | 71,525 |
Jennifer Ward | 25,337 | 25,337 |
Carol T Chesney | 8,271 | 25,921 |
The awards granted lapse on their third anniversary to the extent that the performance criteria are not met. |
Contact for further information: | Andrew Williams Chief Executive, Halma plcTel: +44 (0)1494 721111
Carol Chesney Company Secretary, Halma plc Tel: +44 (0)1494 721111 |
A copy of this announcement, together with other information about Halma, may be viewed on its website: www.halma.com
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