Source - RNS
RNS Number : 3183K
Meggitt PLC
09 April 2018
 

Meggitt PLC

 

Director/PDMR Shareholding

 

 

Philip Green (Executive Director, Commercial & Corporate Affairs - Director/PDMR)

 

On 14 March 2018, Mr Green exercised a stock-settled share appreciation rights award (SAR) that was due to expire on 25 March 2018 under the rules of the Meggitt Executive Share Option Scheme 2005. Due to an administrative error, the exercise is being announced today. Mr Green sold enough shares to cover tax and costs and retained the remaining shares:

 

Type of award

Grant Date

Award price

SARs under award

SARs exercise price *

 

Shares to satisfy the award

Total shares sold £4.5224

Total shares retained

SAR

25/03/2008

£2.5250

217,822

£4.5230

96,221

45,315

50,906

*The price used to determine the number of shares to satisfy the award.

 

As a result of this transaction, the shareholding of Mr Green increased to 626,671 ordinary shares (0.08% of issued share capital).

 

 

Date: 9 April 2018

 

Enquiries:

Meggitt PLC                                                              +44(0)1202 597597

Marina Thomas, Group Company Secretary ([email protected])

Simon Grant, Company Secretarial Assistant ([email protected])


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