Portmeirion Regulatory News (PMP)

20 Mar 2006 17:26

Portmeirion Group PLC20 March 2006 Portmeirion Group plc (the 'Company') Additional Listing & Directors/PDMR Share Dealings Additional listing Application has been made for 41,800 ordinary shares of 5p each ("OrdinaryShares") (fully paid ranking pari passu with the existing Ordinary Shares) totrading on AIM. These Ordinary Shares have been issued pursuant to the exerciseof options (under the 1997 Approved Share Option Plan) over Ordinary Shares. It is expected that admission to trading on AIM will become effective and thatdealings will commence in the 41,800 Ordinary Shares on 24 March 2006("Admission"). Following Admission the issued share capital of the Company willbe 10,463,030. Transaction in own shares The Company also announces that, pursuant to its general authority granted byshareholders of the Company on 16 May 2005 to make market purchases of itsOrdinary Shares, the Company today made on market purchases of 51,800 OrdinaryShares at 220p per share (all of which are to be held as treasury shares),representing 0.52 per cent. of the Company's issued share capital. Of these shares, 41,800 were purchased from the following directors and personsdischarging managerial responsibility ("PDMR") who exercised share options on 20March 2006: Director/PDMR # shares issued % shareholding following pursuant to exercise this transaction of optionsB Phillips (Finance 5,800 0.11%Director)A Ralley (Chairman) 16,000 0.20%R Casey (Information 10,000 0.00%Systems and LogisticsDirector *)J Teed (Creative 10,000 0.03%Director *) -------------- -----------------Total 41,800 * Non Main Board management positions The Company now holds 592,218 Ordinary Shares in treasury and the total numberof Ordinary Shares in issue less the total number of Ordinary Shares held intreasury following the purchase and non-cancellation of such Ordinary Shares is9,870,812 Ordinary Shares. This notification is pursuant to the amendment of theCompanies Act 1985 to allow companies to buy-back and hold certain types oftheir own shares 'in treasury'. Directors Dealings On 17 March 2006 the Company agreed to issue a discretionary bonus to thefollowing Directors on the basis that they surrender the following optionsissued pursuant to the 1997 Approved Company Share Option Plan: Director # options surrendered Cash bonus receivedA Ralley (Chairman) 34,000 £12,750L Bryan (Chief Executive) 50,000 £18,750B Phillips (Finance Director) 24,200 £9,075 --------------- --------------Total 108,200 £40,575 Enquiries:Arthur Ralley - Chairman 01782 744721Brett Philips - Finance Director 01782 744721 This information is provided by RNS The company news service from the London Stock Exchange