Shearwater Regulatory News (SWG)

25 Apr 2008 15:29

Scott Wilson Group plc25 April 2008 NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIALRESPONSIBILITY OR CONNECTED PERSONS This form is intended for use by an issuer to make a RIS notification requiredby DR 3.1.4R(1). (1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.(2) An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.(3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. Please complete all relevant boxes in block capital letters. 1. Name of the issuer Scott Wilson Group plc 2. State whether the notification relates to (i) a transaction notified inaccordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (asextended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii) This relates to (i) 3. Name of person discharging managerial responsibilities/director Sean Cummins 4. State whether notification relates to a person connected with a persondischarging managerial responsibilities/director named in 3 and identify theconnected person Not applicable 5. Indicate whether the notification is in respect of a holding of the personreferred to in 3 or 4 above or in respect of a non-beneficial interest Not applicable 6. Description of shares (including class), debentures or derivatives orfinancial instruments relating to shares Not applicable 7. Name of registered shareholders(s) and, if more than one, the number ofshares held by each of them Not applicable 8 State the nature of the transaction Not applicable 9. Number of shares, debentures or financial instruments relating to sharesacquired Not applicable 10. Percentage of issued class acquired (treasury shares of that class shouldnot be taken into account when calculating percentage) Not applicable 11. Number of shares, debentures or financial instruments relating to sharesdisposed Not applicable 12. Percentage of issued class disposed (treasury shares of that class shouldnot be taken into account when calculating percentage) Not applicable 13. Price per share or value of transaction Not applicable 14. Date and place of transaction Not applicable 15. Total holding following notification and total percentage holding followingnotification (any treasury shares should not be taken into account whencalculating percentage) Not applicable 16. Date issuer informed of transaction Not applicable If a person discharging managerial responsibilities has been granted options bythe issuer complete the following boxes 17 Date of grant Award of performance shares under the Long Term Incentive Plan on 24th April2008 18. Period during which or date on which it can be exercised 10th September 2010 to 24th April 2018 (subject to satisfaction of performanceconditions) (Vesting period commences three years from date of commencement ofemployment) 19. Total amount paid (if any) for grant of the option Nil 20. Description of shares or debentures involved (class and number) 70,000 Ordinary Shares of 10 pence each 21. Exercise price (if fixed at time of grant) or indication that price is tobe fixed at the time of exercise 10 pence per share 22. Total number of shares or debentures over which options held followingnotification 70,000 23. Any additional information None 24. Name of contact and telephone number for queries Geoffrey Redwood Company Secretary Tel: 01256 310225 Name and signature of duly authorised officer of issuer responsible for makingnotification Geoffrey Redwood Company Secretary Date of notification 25th April 2008 This information is provided by RNS The company news service from the London Stock Exchange