16 Mar 2009 17:19
Waterman Group plc ("the Company")
Director Shareholding
The Company has been informed that the conditional award of shares granted to directors of the Company on 10 January 2006 under the Rules of the Waterman Group Long-Term Incentive Plan ("LTIP") vested in full on 13 March 2009 upon satisfactory achievement of the agreed performance targets.
Details of awards vesting and the resultant beneficial shareholding for the current directors of the Company are listed below:
| Director | Number of shares vesting under the LTIP | Beneficial number of shares held |
| Nicholas John Taylor | 10,000 | 42,438 |
| Barry John Gore | 10,000 | 96,975 |
| John Francis Graham Waiting | 10,000 | 30,016 |
| Graham Robert Hiscocks | 10,000 | 86,110 |
| Craig William Beresford | 10,000 | 62,123 |
| James Arthur Austin | 10,000 | 491,938 |
| Simon Donald Harden | 5,000 | 19,771 |
In addition, the conditional award of shares granted to PDMR's of the Company on 10 January 2006 under the LTIP partially vested on 13 March 2009 upon partial achievement of the agreed performance targets.
Details of awards vesting, shares sold in order to satisfy the tax liabilities arising on the LTIP and on the instructions of the shareholders at 30p per share on 13 March 2009 and the resultant beneficial shareholding for the PDMR'S of the Company are listed below:
| Name | Number of shares vesting under the LTIP | Number of shares sold to satisfy tax liabilities and on shareholder instructions | Beneficial number of shares held |
| Paul O' Connell | 2,500 | 1,025 | 120,736 |
| Simon Handy | 5,000 | 2,050 | 97,031 |
| Adrian Charles Gray | 5,000 | 5,000 | 30,731 |
| Christopher James Chaplin | 5,000 | 2,050 | 174,609 |
| Clare Brockhurst | 2,500 | 1,025 | 4,326 |
16 March 2009