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19 Mar 2012 12:27
Michael Page International plc
16 March 2012
Notification of Director's Interests in Shares
Release of shares under the Michael Page Annual Bonus Plan
On 12 March 2012, UBS Trustees (Jersey) Limited, the trustee of the Michael Page Employees' Benefit Trust ("EBT") transferred the legal title of the number of Michael Page International plc ordinary shares of 1p each ("Shares") set out in the table below, to the Executive Directors of Michael Page International plc (the "Company"), for nil cost, as a result of the vesting of their allocations under the Annual Bonus Plan. Of these, the trustee of the EBT arranged for the sale of sufficient of such Shares on behalf of the Executive Directors at £4.79p per Share on 13 March 2012 in order to reimburse the Company for their personal tax and social security liabilities arising.
The number of Shares sold and transferred is set out below.
Executive Director | Total no of Shares transferred on 12 March 2012 | Shares sold on 13 March 2012 | Net no of Shares transferred on 13 March 2012 |
S Ingham | 70,163 | 36,741 | 33,422 |
S Puckett | 55,949 | 29,313 | 26,636 |
Release of Shares under the Michael Page Incentive Share Plan
In addition, on 12 March 2012, the trustee of the EBT transferred the legal title of the number of Shares set out in the table below, to the Executive Directors of the Company, for nil cost, as a result of the vesting of their allocations under the Incentive Share Plan. Of these, the trustee of the EBT arranged for the sale of sufficient of such Shares on behalf of the Executive Directors at £4.79p per Share on 13 March 2012 in order to reimburse the Company for their personal tax and social security liabilities arising.
The number of Shares sold and transferred is set out below.
Executive Director | Total no of Shares transferred on 12 March 2012 | Shares sold on 13 March 2012 | Net no of Shares transferred on 13 March 2015 |
S Ingham | 307,569 | 161,058 | 146,511 |
S Puckett | 307,569 | 161,058 | 146,511 |
This announcement is made in accordance with DTR 3.1.4 R(1)(a).
Michael Page International plc
Kelvin Stagg, Company Secretary 01932 264141
FTI Consulting
Richard Mountain/Sophie Moate 020 7269 7291
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