4 Mar 2015 09:56

Interserve Plc
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Notification of Transactions of Directors/
Persons Discharging Managerial Responsibility and Connected Persons
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Pursuant to Disclosure and Transparency Rule 3.1.4, Interserve Plc (the "Company") announces that the following Executive Directors/Person Discharging Managerial Responsibility of the Company exercised share options pursuant to the 2002 Executive Share Option Scheme on 2 March 2015 at an exercise price of 359.33p per ordinary share. All the shares were sold between 2 and 3 March 2015 at a price of 619.1264p per share.
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These shares options originally vested in March 2008 having satisfied the requisite performance conditions relating to the Company's earnings per share growth compared to RPI growth over a three-year performance period. The options were granted on 14 March 2005 and were due to expire, if unexercised, on 13 March 2015.
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Number of Share Options Exercised | Total Holding of Director/PDMR and Connected Persons following Notification | |||
Name | Number | % of IssuedShare Capital | Number | % of IssuedShare Capital |
Executive Directors | ||||
Mr B A Melizan | 75,140 | 0.05 | 104,050 | 0.07 |
Mr A M Ringrose | 150,280 | 0.10 | 434,627 | 0.30 |
PDMR | ||||
Mr I M Renhard | 11,271 | 0.01 | 47,184 | 0.03 |
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4 March 2015
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Trevor Bradbury
Group Secretary
Tel: 0118 932 0123