19 Sep 2013 15:40
Mears Group PLC
("Mears" or the "Company")
19 September 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 18 September 2013 that Robert (Bob) Holt, Chairman of Mears, had exercised share options over 250,000 ordinary shares of one pence each in the Company ("Ordinary Shares") on 18 September 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 | 250,000 | 1 |
|
|
|
Subsequently, on 18 September 2013, Mr Holt sold 250,000 Ordinary Shares each at an average price of 415 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 150,000 Ordinary Shares in the Company.
Enquiries: |
|
Mears Group PLC | |
Bob Holt, Chairman | Tel: +44(0)7778 798 816 |
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 |
Mears (MER)