9 May 2013 16:32
09 May 2013
Inmarsat plc: Director and PDMR 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 executive directors and executives who are classified as Persons Discharging Managerial Responsibility and three tranches have vested from awards made in March 2009, March 2010 and March 2011.
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 8 May 2013 was £6.66 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 8 May 2013 | Number of shares retained |
Andrew Sukawaty | 169,070 | 79,663 | 89,407 |
Rupert Pearce | 47,690 | 0 | 47,690 |
Rick Medlock | 60,452 | 60,452 | 0 |
Alison Horrocks | 25,119 | 11,836 | 13,283 |
Ruy Pinto | 17,846 | 8,409 | 9,437 |
Frank Coles | 5,540 | 2,611 | 2,929 |
Debbie Jones | 26,713 | 12,587 | 14,126 |
International Share Incentive Plan
873 shares under the International Share Incentive Plan were transferred to Mr Leo Mondale on 9 May 2013.