17 Aug 2011 16:16

Mears Group PLC
("Mears" or the "Company")
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Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons accordance with DTR 3.1.2 R
The Company was notified today that Robert (Bob) Holt, Chairman of Mears, has today exercised share options over 400,965 ordinary shares of 1 penny in the Company ("Ordinary Shares").
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Exercise of options under Mears Group Share Option Scheme:
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Date of grant | Number Ordinary Shares over which options were exercised | Exercise price per Ordinary Share (pence) |
10 April 2003 | 129,870 | 77 |
10 April 2003 | 240,642 | 1 |
1 April 2004 | 30,453 | 1 |
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Subsequently Mr Holt sold 400,965 Ordinary Shares each at an average price of 271.77 pence per share.
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Following this disposal, Mr Holt has an interest in 500,000 Ordinary Shares and share options under the SIP over 2,500,000 Ordinary Shares in the Company.
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Enquiries:
Bob Holt, Chairman Tel: +44(0)7778 798 816
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Joint Broker - Investec
Keith Anderson/Daniel Adams Tel: +44(0)20 7597 5970
Joint Broker - Collins Stewart
Mark Dickenson/Ileana Antypas Tel: +44(0)20 7523 8350
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IR - Gable Communications Tel: +44(0) 20 71937463
John Bick/Justine James Tel: +44(0)7872 061007
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