Sign In
6 Dec 2010 16:30
UK Mail Group plc (the "Company")
PDMR Shareholding
6 December 2010
UK Mail Group plc announces that the under-mentioned person discharging managerial responsibility, ("PDMR") has received shares under the terms of the UK Mail Group plc Long-Term Incentive Plan ("LTIP").
The shares vested on 3 December 2010 for nil consideration pursuant to a conditional award originally made on 3 December 2007. The disposal referred to below was solely undertaken to cover tax liabilities and costs relating to the transaction. The disposal was made on 6 December 2010 at GBP3.45 per share.
Individual | Director/PDMR | Total vested shares | Shares sold | Shares retained | Total shares held after event | % of share capital |
Carl Moore | PDMR | 12,409 | 6,570 | 5,839 | 5,839 | 0.01% |
The award was satisfied by 12,409 shares released from the UK Mail Group Employee Share Ownership Trust ("ESOT"). The ESOT holds 96,092 shares following this transaction equivalent to 0.18% of the issued share capital. UK Mail Group's issued share capital is 54,689,824 ordinary 10p shares.
For and on behalf of UK Mail Group plc
Steven Glew
Date: 6 December 2010
About UK Mail
UK Mail is the leading independent parcel, mail and logistics services company within the UK and the main alternative to Royal Mail for business mail requirements. UK Mail offers customers a full range of time-sensitive and secure delivery options for letters, packets, parcels and pallets. More information is available at www.ukmail.com.
Follow the stocks
