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27 May 2016 15:20
Trinity Mirror plc
27 May 2016
Trinity Mirror plc (the "Company")
Director / PDMR Shareholding
The Company was notified on 26 May 2016 by Estera Trust (Jersey) Limited (the "Trustees"), trustees of the Trinity Mirror Long Term Incentive Plan 2012 (the "LTIP") of the following changes in a director's interests in the Company's ordinary shares of 10p (the "Ordinary Shares"), in accordance with the operation of the LTIP.
On 26 May 2016, Simon Fox, Chief Executive of the Company, exercised options over the remaining 33,907 Ordinary Shares (representing 0.01% of the Company's issued share capital) of the 2012 LTIP award that vested in 2015. Following the exercise of these options, 15,970 Ordinary Shares were sold at 118.25p to satisfy tax and National Insurance liabilities, and 17,937 Ordinary Shares were transferred to his spouse, Clementine Fox.
Following this notification, Simon Fox's beneficial shareholding is as follows:
Director | Total beneficial shareholding* | Total beneficial shareholding as a percentage of shares in issue |
Simon Fox | 829,106 | 0.29% |
\* This excludes 114,981 shares held in the Restricted Share Plan not yet eligible for release.
As at the date of this announcement, the Company's issued share capital stands at 283,459,571 ordinary shares of 10p each.
This notification is made in accordance with paragraph 3.1.4 of the Disclosure and Transparency Rules.
Name of authorised official of issuer responsible for making notification:
Vijay Vaghela, Group Finance Director and Company Secretary
Date and Place of transaction: London, 26 May 2016
Enquiries
Trinity Mirror |
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Vijay Vaghela, Group Finance Director and Company Secretary | 020 7293 3553 | |
Brunswick |
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Mike Smith, Partner | 020 7404 5959 | |
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