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21 Jun 2012 07:00
Hornby Plc
Director/PDMR Shareholding
On 20 June 2012, under the terms of the Hornby Employee Benefit Trust (the "Trust") 57,766 Ordinary Shares vested and were transferred to beneficiaries of the Trust, including certain Directors and other Persons Discharging Managerial Responsibility, as follows:
Role / Responsibility | Number of Ordinary Shares Vested | Number of Ordinary Shares Held in Trust | Percentage of Issued Share Capital | |
Frank Martin | Chief Executive | 27,191 | - | - |
Andrew Morris | Finance Director | 1,702 | - | - |
John Stansfield | Company Secretary | 8,497 | - | - |
Nicholas Cole | Operations Director | 6,118 | - | - |
Frits Passet | International Sales Director | 2,926 | - | - |
Michael Walters | Development Director | 5,927 | - | - |
Other employees | N/A | 5,405 | - | - |
TOTAL |
| 57,766 | - | - |
Following vesting and transfer of the Ordinary Shares held in the Trust, certain beneficiaries sold immediately 19,666 Ordinary Shares at a price of 78.5p per share.
As a result of the above transactions, certain Directors and other Persons Discharging Managerial Responsibility now hold the following number of Ordinary Shares:
Role / Responsibility | Number of Ordinary Shares Sold | Number of Ordinary Shares Held | Percentage of Issued Share Capital | |
Frank Martin | Chief Executive | 13,871 | 401,602 | 1.03% |
Andrew Morris | Finance Director | - | 10,106 | 0.03% |
John Stansfield | Company Secretary | - | 107,497 | 0.27% |
Nicholas Cole | Operations Director | - | 31,118 | 0.08% |
Frits Passet | International Sales Director | - | 10,000 | 0.03% |
Michael Walters | Development Director | - | 5,927 | 0.02% |
Please note the Ordinary Shares sold by the Frank Martin, Chief Executive, were in order to meet personal tax obligations associated with vesting of Ordinary Shares under the Group's Short Term Incentive Plan.
Enquiries
Hornby Plc
John Stansfield, Company Secretary
01843-233500
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