Last checked at 17 Dec 2008 11:49
RM plc: Notification of PDMR Interests
RM notifies shareholders of changes in PDMR (persons discharging managerial responsibility) interests following the seventh operation of the Group's Co-Investment Plan ("CIP" - the Group's long-term incentive plan for Executive Directors and senior managers) on 16 December 2008.
The following PDMR's have contributed shares they already hold to be held under the terms of the CIP and have been awarded potential matching shares in proportion to them. Some or all of these matching shares may be released to the PDMR on 16 December 2011, should the performance conditions set by the Group's Remuneration Committee be met. Details of the performance conditions are included in the Remuneration Report in the Group's Annual Report and Accounts.
PDMR's holdings under the seventh operation of the CIP are as follows:
| Investment shares contributed | Potential matching shares | |
| Andy Robson | 2,624 | 7,872 |
| Graeme Dewart | 12,385 | 37,155 |
| Ian Todd | 37,905 | 113,715 |
| Russell Govan | 27,426 | 82,278 |
In addition on 16 December 2008 Andy Robson sold 12,401 shares at a price of £1.48 per share.
| Total shares held at 16 Dec 2008 | Total shares as % of issued share capital to which voting rights are attached | |
| Andy Robson | 11,121 | 0.01% |
| Graeme Dewart | 43,287 | 0.05% |
| Ian Todd | 77,597 | 0.08% |
| Russell Govan | 161,920 | 0.17% |
For further information, please contact:
| Eric Hollinrake/Phil Hemmings, RM plc | 08450 700300 |
Notes:
The RM plc Co-Investment Plan was approved by shareholders in January 2003. It is a long-term incentive plan, which is designed to align the interests of RM's senior executives with those of shareholders. Under the Plan, participating senior executives are required to hold shares in RM and, if certain performance conditions are achieved over a period of time, they are granted additional shares.