Meggitt PLC Director/PDMR Shareholding (2539A)
23 March 2017 - 4:40AM
UK Regulatory
TIDMMGGT
RNS Number : 2539A
Meggitt PLC
22 March 2017
Meggitt PLC
Director/PDMR Shareholdings
Stephen Young (Chief Executive - Director/PDMR)
On 22 March 2017, Mr Young exercised a stock-settled share
appreciation right award (SARs) that was due to expire on 28 March
2017 under the rules of the 2005 Executive Share Option Scheme. Mr
S Young sold enough shares to cover tax and costs, and transferred
the remainder to his spouse, Mrs C Young:
Type Grant Award Shares SARs Shares Total Total
of Date price under exercise to shares shares
award award price* satisfy sold transferred
the GBP4.4180
award
-------- ------------ ----------- -------- ---------- --------- ----------- -------------
SAR 29/03/2007 GBP2.9900 192,642 GBP4.4760 63,955 30,120 33,835
-------- ------------ ----------- -------- ---------- --------- ----------- -------------
*The price used to determine the number of shares to satisfy the
award
As a result of these transactions, the shareholding of Stephen
Young has increased to 672,433 ordinary shares (0.09% of issued
share capital).
Philip Green (Executive Director, Commercial & Corporate
Affairs- Director/PDMR)
On 22 March 2017, Mr Green exercised a share option (Option)
that was due to expire on 28 March 2017 under the rules of the 2005
Executive Share Option Scheme and sold all of the shares:
Type Grant Option Shares Shares Total
of Date price under exercised shares
award option sold
GBP4.4180
-------- ------------ ----------- -------- ----------- -----------
Option 29/03/2007 GBP2.9900 2,759 2,759 2,759
-------- ------------ ----------- -------- ----------- -----------
As a result of this transaction, the shareholding of Philip
Green remained unchanged at 573,018 ordinary shares (0.07% of
issued share capital).
Date: 22 March 2017
Enquiries:
Meggitt PLC +44(0)1202 597597
Marina Thomas, Senior Vice President & Group Company
Secretary (marina.thomas@meggitt.com)
Simon Grant, Company Secretarial Assistant
(simon.r.grant@meggitt.com)
Legal Entity Identifier (LEI): YMFO3TKB4UAWQTDZJJ31
This information is provided by RNS
The company news service from the London Stock Exchange
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