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Director/PDMR Shareholding REPLACEMENT

2 Jul 2014 16:46

RNS Number : 2782L
Development Securities PLC
02 July 2014
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Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons - REPLACEMENT

The following amendments have been made to the ' Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons ' announcement released on Wednesday 2 July 2014 at 11.34am under RNS No 2196L.

The typographical error "0.12%" in boxes 10 and 15 of the Notification has been replaced with "0.012%".

All other details remain unchanged.

The full amended text is shown below.

Annex DTR3

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Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

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All relevant boxes should be completed in block capital letters.

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1.

Name of the issuer

DEVELOPMENT SECURITIES PLC

2.

State whether the notification relates to (i) a

transaction notified in accordance with DTR 3.1.2 R,

(ii) a disclosure made in accordance

LR 9.8.6R(1) or

(iii) a disclosure made in accordance with section 793 of the Companies Act (2006).

DISCLOSURE IN RESPECT OF DTR3.1.2R

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3.

Name of person discharging managerial

responsibilities/director

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BARRY BENNETT

4.

State whether notification relates to a person

connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

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5.

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial

interest 1

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HOLDING BY PERSON NAMED IN 3

6.

Description of shares (including class), debentures or derivatives or financial instruments relating to shares

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ORDINARY SHARES OF 50P EACH

7.

Name of registered shareholders(s) and, if more than one, the number of shares held by each of them.

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BARRY BENNETT

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8.

State the nature of the transaction

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ACQUISITION

9.

Number of shares, debentures or financial

instruments relating to shares acquired

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15,000

10.

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

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0.012%

11.

Number of shares, debentures or financial

instruments relating to shares disposed

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12.

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

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13.

Price per share or value of transaction

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215.55p PER SHARE

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14.

Date and place of transaction

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1 JULY 2014

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15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

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15,000 SHARES

0.012%

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16.

Date issuer informed of transaction

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1 JULY 2014

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If a person discharging managerial responsibilities has been granted options by the issuer

complete the following boxes

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17.

Date of grant

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18.

Period during which or date on which exercisable

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19.

Total amount paid (if any) for grant of the option

20.

Description of shares or debentures involved (class and number)

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21.

Exercise price (if fixed at time of grant) or

indication that price is to be fixed at the time of exercise

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22.

Total number of shares or debentures over which options held following notification

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23.

Any additional information

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24.

Name of contact and telephone number for queries

H M Ratsey 020 7828 4777

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Name of authorised official of issuer responsible for making notification

H Ratsey

Date of notification _____ 2 JULY 2014______________________________________

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Notes: This form is intended for use by an issuer to make a RIS notification required by DR 3.3.

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(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 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.

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