12 Jul 2016 15:00
12 July 2016
RM plc - PSP Award Vesting and PDMR Dealing
RM plc announces that, as a result of the relevant performance criteria having being satisfied, the awards granted in July 2013 under the RM plc Performance Share Plan 2010 vested in full on 11 July 2016. Following such vesting, the following persons (PDMRs) sold the following ordinary shares of 2 2/7 pence each at a price of 125 pence per share.
As noted below, these individuals sold a proportion of the shares that vested in order to satisfy their income tax and national insurance liabilities arising on vesting.
The following sets out the shares that vested on 11 July 2016, the number of shares sold following such vesting and, following such sales, the respective beneficial holdings in the Company to which voting rights are attached for each of the persons listed below:
Name | Shares Vested in Award
| Shares sold to satisfy tax/NI liabilities | Total number of shares sold | Beneficial holding after sale
|
David Brooks | 125,000 | 58,868 | 58,868 | 311,295 (0.38%) |
John Ingram | 50,000 | 23,548 | 23,548 | 53,071 (0.06%) |
Andy Wilson | 100,000 | 47,095 | 47,095 | 68,089 (0.08%) |
Contact:
RM plc
Greg Davidson, Company Secretary 08450 700300
Rm (RM.)