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Director/PDMR Shareholding

5 Apr 2013 09:07

RNS Number : 6689B
Cobham plc
05 April 2013
 

5 April 2013

 

 

 

Cobham plc

 

 

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

 

 

Cobham plc (the "Company") announces in respect of ordinary 2.5 pence shares of the Company ("Shares") that on 2 April 2013, the Company purchased, for the benefit of Robert (Bob) Murphy, 7,564 Shares at a price of 245.2222 pence per Share in respect of his compulsory participation in the Cobham plc Performance Share Plan 2007 (Bonus Co-investment Plan) ("Plan"). 

 

The Plan works by the participant having a compulsory deferral of 25% of his annual incentive payment. The participant has the opportunity to earn a matching award of shares against their gross bonus invested on an up to one for one basis. The Shares are held in Trust for the benefit of the participant. Matching awards vest after three years subject to economic profit targets.

 

 

 

 

Name of contact and telephone number for queries:

 

Julian Wais

Director of Investor Relations

01202 857998

 

 

 

 

 

 

 

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