Interserve Regulatory News (IRV)

4 Apr 2012 11:57

Interserve Plc Notification of Transactions of Directors/ Persons Discharging Managerial Responsibility and Connected Persons

Pursuant to Disclosure and Transparency Rule 3.1.2, Interserve Plc (the "Company") announces that it was informed on 3 April 2012 by EES Trustees International Limited, in its capacity as Trustee of the Interserve Employee Benefit Trust, that the following ordinary shares of 10p each in the Company were transferred for no consideration to certain Executive Directors/Person Discharging Managerial Responsibilities ("PDMR") on 23 March 2012 pursuant to the Interserve Plc Performance Share Plan 2006. The number of shares vested was subject to the satisfaction of certain performance conditions over a three-year period based on earnings per share and total shareholder return.

Executive Directors

1. 61,576 shares acquired by Mr Steven Dance (0.049% of issued share capital). 27,005 shares were disposed of at an average share price of £2.974816 per share on the London Stock Exchange over a period between 26-30 March 2012 to pay for tax/NI and sale costs. The remaining shares have been retained. Mr Dance now has an interest in 99,534 ordinary shares of 10p each in the Company (0.079%% of issued share capital).

2. 61,576 shares acquired by Mr Bruce Melizan (0.049% of issued share capital). 27,005 shares were disposed of at an average share price of £2.974816 per share on the London Stock Exchange over a period between 26-30 March 2012 to pay for tax/NI and sale costs. The remaining shares have been retained. Mr Melizan now has an interest in 100,521 ordinary shares of 10p each in the Company (0.079% of issued share capital).

3. 51,724 shares acquired by Mr David Paterson (0.041% of issued share capital). 22,684 shares were disposed of at an average share price of £2.974816 per share on the London Stock Exchange over a period between 26-30 March 2012 to pay for tax/NI and sale costs. The remaining shares have been retained. Mr Paterson now has an interest in 46,975 ordinary shares of 10p each in the Company (0.037% of issued share capital).

4. 103,448 shares acquired by Mr Adrian Ringrose (0.082% of issued share capital). 45,368 shares were disposed of at an average share price of £2.974816 per share on the London Stock Exchange over a period between 26-30 March 2012 to pay for tax/NI and sale costs. The remaining shares have been retained. Mr Ringrose now has an interest in 263,060 ordinary shares of 10p each in the Company (0.208% of issued share capital).

5. 45,300 shares acquired by Mr Douglas Sutherland (0.036% of issued share capital). 19,867 shares were disposed of at an average share price of £2.974816 per share on the London Stock Exchange over a period between 26-30 March 2012 to pay for tax/NI and sale costs. The remaining shares have been retained. Mr Sutherland now has an interest in 51,408 ordinary shares of 10p each in the Company (0.041% of issued share capital).

PDMR

1. 37,006 shares acquired by Mr Trevor Bradbury (0.029% of issued share capital). 16,230 shares were disposed of at an average share price of £2.974816 per share on the London Stock Exchange over a period between 26-30 March 2012 to pay for tax/NI and sale costs. The remaining shares have been retained. Mr Bradbury now has an interest in 62,287 ordinary shares of 10p each in the Company (0.049% of issued share capital).

4 April 2012Trevor BradburyGroup SecretaryTel: 0118 932 0123