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Director/PDMR Shareholding

4 Jul 2008 15:00

RNS Number : 3830Y
SMG PLC
04 July 2008
 



SMG plc (the "Company")

4 July 2008

NOTIFICATION OF DIRECTOR/PDMR SHAREHOLDING

SMG plc LONG-TERM INCENTIVE PLAN ("LTIP")

 

The Company announces the release of conditional share awards granted on 6 June 2005 under the Company's LTIP to one of its Executive Directors and three Persons Discharging Managerial Responsibilities ("PDMRs") on 3 July 2008.

The Company achieved average annual ROCE growth of 12.19% over the three year performance period. Therefore, in accordance with the rules of the LTIP, 13.75% of the shares subject to the awards have been released.

Accordingly on 3 July 2008, the Executive Director and PDMRlisted below became the legal and beneficial owners of the following ordinary shares of 2.5p each in the Company at a price of 12.5 pence per share:

Executive Director Number of Ordinary shares % Issued Share Capital

 Released

George Watt  31,746 0.0033%

PDMRs

David Archer 4,880 0.0005%

Bobby Hain 5,517 0.0006%

Elizabeth Partyka 4,795 0.0005%

Jane E A Tames

Company Secretary, SMG plc

Tel: 0141 300 3074

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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