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8 Jun 2009 07:00
8th June 2009
Lavendon Group plc
Director/PDMR shareholding
The Company has been notified that on 5 June 2009 Kevin Appleton and Alan Merrell had respectively sold 26,528 and 21,222 Ordinary Shares at a price of 130.5 pence per share in order to settle the taxation liability arising from their awards under the Lavendon Group plc 2006 Long Term Incentive Plan as previously notified and announced on 8 May 2009.
Following the exercise of awards under the Plan and subsequent partial sale of shares, Kevin Appleton and Alan Merrell hold beneficial interests in the share capital of the Company of 159,635 and 107,048 Ordinary Shares respectively. In addition to these beneficial interests, they hold share options over 525,123 and 250,000 Ordinary Shares respectively and awards granted under the Lavendon Group plc 2006 Long Term Incentive Plan of 127,643 and 97,073 Ordinary Shares respectively. This notification is made in accordance with DTR 3.1.4(1)(a).
For further information please contact:
|
Lavendon Group plc Kevin Appleton, Chief Executive Alan Merrell, Group Finance Director |
T: +44(0)1455 558874 |
|
Financial Dynamics Jonathon Brill/Billy Clegg/Caroline Stewart |
T: +44(0)207 831 3113 |
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