15 Feb 2013 10:40
Share plc
(the "Company")
Directors' Dealings
Share plc (AIM:SHRE.LN) announces that on 15 February the under mentioned directors of the Company purchased ordinary shares of 0.5 pence at an allocation cost of 22.875 pence per share as "Partnership shares" under the Company's Share Incentive Plan. These purchases were undertaken by the trustee of the Company's Share Incentive Plan, Sharesecure Ltd, a UK registered company, on behalf of these individuals and the shares were purchased in the open market. Allocation cost is calculated in accordance with HMRC SIP Rules and Guidance under the 'quarter up' rule.
In connection with these purchases on the same date the directors were awarded ordinary shares of 0.5 pence as "matching shares" under the Company's Share Incentive Plan. No consideration was paid by the grantees for the award of the matching shares and no consideration is due on the release of the matching shares.
The risk of forfeiture attached to the matching shares will normally be removed on the third anniversary of allocation subject to continued employment and the retention of the Partnership shares in connection with which they were awarded.
All the above transactions are summarised below:
Director | Partnership shares acquired | Matching shares awarded | Total holding following notification | % of current issued shares |
Sir Martin Jacomb | 437 | 874 | 621,565 | 0.43 |
Richard Tolkien | 546 | 1,092 | 121,510 | 0.08 |
Iain Wallace | 546 | 1,092 | 135,840 | 0.09 |
Richard Stone | 546 | 1,092 | 101,715 | 0.07 |
For more information, please contact:
Share plc
| 01296 414141 |
Gavin Oldham, Chief Executive | |
Barbara Pierssene, Company Secretary
| |
Peel Hunt LLP, Nominated Adviser and Broker
| 020 7418 8900 |
Guy Wiehahn |
SHRE.L (SHRE)