20 Mar 2015 17:30
20 March 2015
Inmarsat plc: Director share dealings
Vesting of shares under Bonus Share Plan (BSP)
Awards over ordinary shares of €0.0005 in Inmarsat plc under the Bonus Share Plan were made to directors and three tranches have vested from awards made in March 2011, March 2012 and March 2013.
Mr Sukawaty received his share award while he held an executive position in the Company.
The BSP is not a HM Revenue & Customs approved plan and on vesting, income tax and social security deductions become payable by the individual.
The share price at which shares were sold on 20 March 2015 was £9.3143 per share. Where shares have been retained they will be added to the existing number of ordinary shares for the relevant individual.
Name | Number of shares vesting including reinvested dividends | Number of shares sold on 20 March 2015 | Number of shares retained | Total shareholding |
Andrew Sukawaty | 268,959 | 268,959 | 0 | 937,228 |
Rupert Pearce | 80,647 | 38,000 | 42,647 | 702,899 |