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16 Mar 2009 17:29
Michael Page International plc 13 March 2009
Notification of Director's Interests in Shares
Release of shares under the Michael Page Annual Bonus Plan
On 9 March 2009, 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 188.22 pence per Share on 9 March 2009 in order to reimburse the Company for their personal tax and social security liabilities arising together with such number of additional Shares that each Executive Director has notified to the trustee that he would like to sell.
The number of Shares sold and transferred is set out below.
|
Executive Director |
Total no of Shares transferred on 9 March 2009 |
Shares sold on 9 March 2009 |
Net no of Shares transferred on 9 March 2009 |
|
S Ingham |
324,018 |
133,779 |
190,239 |
|
S Puckett |
268,793 |
110,978 |
157,815 |
|
C-H Dumon |
392,164 |
250,000 |
142,164 |
Release of Shares under the Michael Page Incentive Share Plan
In addition, on 9 March 2009, the trustee of the EBT transferred the legal title of the number of Shares set out in the table below, to the Executive Directors and persons discharging managerial responsibilities ("PDMR") 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 and PDMRs at 188.22 pence per Share on 9 March 2009 in order to reimburse the Company for their personal tax and social security liabilities arising together with such number of additional Shares that each Executive Director and PDMR has notified to the trustee that he would like to sell.
The number of Shares sold and transferred is set out below.
|
Executive Director / PDMR |
Total no of Shares transferred on 9 March 2009 |
Shares sold on 9 March 2009 |
Net no of Shares transferred on 9 March 2009 |
|
S Ingham (1) |
102,200 |
42,199 |
60,001 |
|
S Puckett (1) |
102,200 |
42,199 |
60,001 |
|
C-H Dumon (1) |
194,946 |
- |
194,946 |
|
G James (2) |
39,120 |
2,567 |
36,553 |
|
A de Bretteville (2) |
48,900 |
14,234 |
34,666 |
(1) Executive Director
(2) PDMR
This announcement is made in accordance with DR 3.1.4 R(1)(a) and DR 3.1.4 R(1)(c).
Michael Page International plc
Kelvin Stagg, Company Secretary 01932 264141
Financial Dynamics
Richard Mountain 020 7269 7291
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