Director/PDMR Shareholding

19 Jun 2007 10:11

Bank of Ireland(Governor&Co)19 June 2007 SCHEDULE 11 Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons This form is intended for use by an issuer to make a RIS notification requiredby the Market Abuse Rules and section 53 (as extended by section 64 of theCompanies Act 1990) or entered into the issuer's register in accordance withsection 59 of the Companies Act 1990. (1) An issuer making a notification in respect of a transaction relatingto the shares or debentures of the issuer should complete boxes 1 to 16, 23 and24. (2) An issuer making a notification in respect of a derivative relating tothe shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and24. (3) An issuer making a notification in respect of options granted to adirector/person discharging managerial responsibilities should complete boxes 1to 3 and 17 to 24. (4) An issuer making a notification in respect of a financial instrumentrelating to the shares of the issuer (other than a debenture) should completethe boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. All relevant boxes should be completed in block capital letters 1 Name of the Issuer 2 State whether the notification relates to: Bank of Ireland (i) a transaction notified in accordance with Market Abuse Rules; (ii) a disclosure made in accordance with section 53 (as extended by section 64 of the Companies Act 1990) or entered into the issuer's register in accordance with section 59 of the Companies Act 1990; or (iii) both (i) and (ii). Notification relates to (iii) above and to the UK Disclosure Rule 3.1.4 R (1) (a) 3 Name of person discharging 4 State whether notification relates managerial responsibilities/ to a person connected with a person director discharging managerial responsibilities/director named in 3 and identify the connected person Richie Boucher (Director), John N/A Clifford (Secretary), Des Crowley (Director), Denis Donovan (Director), Brian Goggin (Director), John O'Donovan (Director). 5 Indicate whether the 6 Description of shares (including notification is in respect of a class) debentures or derivatives or holding of the person referred financial instruments relating to to in 3 or 4 above or in respect shares of a non-beneficial interest. As 3 above Ordinary Stock 7 Name of registered shareholder 8 State the nature of the transaction (s) and, if more than one, number of shares held by each of them Grant of Executive Options and Long Term Incentive Plan Conditional Awards 9 Number of shares, debentures or 10 Percentage of issued class acquired financial instruments relating (treasury shares of that class to shares acquired should not be taken into account when calculating percentage) 11 Number of shares, debentures or 12 Percentage of issued class disposed financial instruments relating (treasury shares of that class to shares disposed should not be taken into account when calculating percentage) 13 Price per share or value of 14 Date and place of transaction transaction 15 Total holding following 16 Date issuer informed of transaction notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) 18 June 2007 If a person discharging managerial responsibilities has been granted options bythe issuer, complete the following boxes: 17 Date of grant 18 Period during which or date on which it can be exercised 12 June 2007 for both the ESOS - 12/6/2010 to 12/6/2017 Executive Stock Option Scheme (ESOS) and the Long Term Incentive Plan (LTIP) LTIP - Earliest Vesting Date is 12/6/2010 19 Total amount paid (if any) 20 Description of shares or debentures for grant of the option involved (class and number) Nil Units of Ordinary Stock:- Richie Boucher- ESOS 33,950/LTIP 33,950 John Clifford - ESOS 9,600/LTIP 13,950 Des Crowley - ESOS 33,950/LTIP 33,950 Denis Donovan - ESOS 33,950/LTIP 33,950 Brian Goggin - ESOS 112,100/LTIP 74,750 John O'Donovan - ESOS 33,950/LTIP 33,950 21 Exercise price (if fixed 22 Total number of shares or debentures over at time of grant) or which options are held following indication that the price notification is to be fixed at the time of exercise euro 15.45 for ESOS. Not Richie Boucher applicable to LTIP. - ESOS 133,450/LTIP 98,950/SAYE 301 John Clifford - ESOS 92,800/LTIP 92,674/SAYE 301 Des Crowley - ESOS 251,950/LTIP 174,934 Denis Donovan - ESOS 211,950/LTIP 169,293 Brian Goggin - ESOS 480,100/LTIP 501,168/SAYE 301 John O'Donovan - ESOS 206,950/LTIP 137,984/SAYE 2,653 23 Any additional information 24 Name of contact and telephone number for queries Sub-Committee of the Group Ella Cullen Remuneration Committee approved the pricing on 14 June 2007 + 353 1 6043472 Name and signature of duly designated officer of issuer responsible for makingnotification Ella Cullen - Group Secretary's OfficeDate of notification 19 June 2007 This information is provided by RNS The company news service from the London Stock Exchange