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Director/PDMR Shareholding

19 Aug 2013 14:58

RNS Number : 0210M
Mears Group PLC
19 August 2013
 



Mears Group PLC

("Mears" or the "Company")

 

19 August 2013

 

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons in accordance with DTR 3.1.2 R

The Company was notified on 16 August 2013 that Robert (Bob) Holt, Chairman of Mears, had exercised share options over 600,000 ordinary shares of one pence each in the Company ("Ordinary Shares") on 16 August 2013.

 

Exercise of options under Mears Group PLC Special Incentive Plan ("SIP"):

 

Date of grant

Number of Ordinary Shares over which options were exercised

Exercise price per Ordinary Share (pence)

28 September 2009

600,000

1

 

 

 

Subsequently, on 16 August 2013, Mr Holt sold 600,000 Ordinary Shares each at an average price of 417.33 pence per share. The transaction took place in London.

 

Following this disposal, Mr Holt holds no Ordinary Shares and has an interest in share options under the SIP over 400,000 Ordinary Shares in the Company.

 

Enquiries:

 

 

Mears Group PLC

Bob Holt, Chairman

Tel: +44(0)7778 220 185

Joint Broker - Investec

Keith Anderson/Daniel Adams

Tel: +44(0)20 7597 5970

Joint Broker - Canaccord Genuity

Piers Coombs/Lucy Tilley

Tel: +44(0)20 7523 8350

 

 

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