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Director/PDMR Shareholding

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RNS Number : 1882I
Meggitt PLC
25 August 2016
 

Meggitt PLC

 

Director/PDMR Shareholdings

 

 

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

 

On 25 August 2016, Mr Green exercised a stock-settled share appreciation rights award (SAR) that was due to expire on 26 September 2016 under the rules of the 2005 Executive Share Option Scheme. 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 £4.6110

Total shares retained

SAR

27/09/2006

£2.6367

23,365

£4.6680

10,167

4,789

5,378

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

 

As a result of this transaction, the shareholding of Mr Green has increased to 572,827 ordinary shares (0.07% of issued share capital).

 

 

 

Enquiries:

Meggitt PLC                                                              +44(0)1202 597597

 

Marina Thomas, Group Company Secretary (marina.thomas@meggitt.com)

Adrian Bunn, Group Head of Investor Relations (adrian.bunn@meggitt.com)

 

25 August 2016


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