RNS Number : 1035S
SABMiller PLC
15 November 2011
 



 

EBT Release

 

Notification of transactions of directors, persons discharging managerial responsibility or connected persons in accordance with DTR 3.1.

 

The independent trustee of the SABMiller plc Employees' Benefit Trust ("EBT") notified the Company on 14 November 2011 that it had on 14 November 2011 exercised its discretion and released 96,025 ordinary shares in SABMiller plc to a director and persons discharging managerial responsibility (PDMRs) participating in the Performance Share Award Plan 2008, as summarised in the table below.  These shares relate to conditional awards made in 2008 to the director and PDMRs named below.

 

Name of Director or PDMR

Shares released on 14 November 2011

Shares sold on 14 November 2011

Shares retained

Total beneficial holding as at 14 November 2011

E.A.G. Mackay*

50,100

26,052

24,048

1,537,375

M. J. Bowman

20,875

9,102

11,773

68,323

J. Davidson

4,175

2,171

2,004

69,312

A. Mervis

20,875

7,307

13,568

193,340

 

* Director

 

Price per share for shares sold on 14 November 2011: £22.51

Date of transaction: 14 November 2011

 

Place of transactions: London, England

 

In accordance with the terms of the share awards sufficient shares were sold to meet tax liabilities.  The shares sold were purchased by the EBT. Following these transactions, the EBT holds a total of 5,938,865 ordinary shares in SABMiller plc in which certain senior employees including the following directors and PDMRs have an interest as potential beneficiaries: Mr E.A.G. Mackay, Mr. J.S. Wilson, Mr. N. J. Adami, Mr. M. J. Bowman, Dr. A. J. Clark, Ms. S. M. Clark, Mr J. Davidson, Mr D. De Lorenzo, Mr N.T. Fell, Mr. C.A. van Kralingen, Mr K. G. Lippert and Mr A. Mervis.

 


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