RNS Number : 2603T
SABMiller PLC
02 December 2011
 



SABMiller plc (the "Company")

 

Share Award Plan

 

Notification of Transactions of Directors and Persons Discharging Managerial Responsibility or connected persons in accordance with DTR3.1

 

The following Persons Discharging Managerial Responsibility ("PDMR") have been conditionally awarded nil cost conditional awards under the Company's Executive Share Award Plan 2008 on 1 December 2011 in respect of the number of US$0.10 ordinary shares in the Company as set out below. The release of shares is subject to satisfaction of the applicable performance condition.

 

Director/PDMR

Performance Share Award

(EPS based performance

condition Note 1)

Value Share Award

(TSR-based Performance  condition Note 2)

J.S. Wilson*

D. De Lorenzo

25,000

16,000

30

50

 

*Director

 

(Note 1)    The conditional award of a fixed number of EPS-based performance shares is subject to testing against the Company's three-year adjusted earnings per share growth.  

 

(Note 2)    The above specified number of TSR-based performance shares have been conditionally awarded for each £10 million of additional shareholder value created, defined as the amount by which the growth in the Company's market capitalisation plus net equity cash flows exceeds the median growth of a weighted peer group index, over a five year performance period.

 

 

Name of contact and telephone number for queries

Pamela Steyn: 01483 264144

 

Name of duly authorised officer of issuer responsible for making notification

John Davidson, General Counsel & Group Company Secretary

 

 

 

 

 


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