Accident Exchange Director/PDMR Shareholding

Date : 07/17/2008 @ 2:01AM
Source : UK Regulatory (RNS and others)
Stock : Accident Exchange (ACE)
Quote : 30.0  -3.0 (-9.09%) @ 4:43AM
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Accident Exchange Director/PDMR Shareholding

    RNS Number : 2259Z
  Accident Exchange Group PLC
  17 July 2008
   

       

    Accident Exchange Group Plc

    ('Accident Exchange' or the 'Company')

    Director / PDMR Dealing

    The Company was notified on 16 July 2008 that the trustee of the Company's Long Term
Incentive Plan (which is Lloyds TSB Offshore Trust
Company Limited) (the 'LTIP') acquired on that day 200,000 ordinary shares of 5p each in the
Company ("Ordinary Shares") at a  purchase
price of 55.4125 pence per Ordinary Share, equating to 0.28 per cent. of the Company's issued
share capital. These Ordinary Shares were
purchased to hedge the liability of previous awards made under the LTIP. The total holding of
the LTIP following this transaction is 200,000
Ordinary Shares, equating to 0.28 per cent. of the Company's issued share capital.

    Certain of the Company's Executive Directors and Persons Discharging Managerial
Responsibility ('PDMR') are potentially beneficiaries of
the LTIP. 

    These transactions are notified as required by Disclosure Rule 3.1.4 (R)(1)(a).

    Contacts:

    Accident Exchange Group Plc
    Steve Evans, Chief Executive                       08700 116 719
    Martin Andrews, Group Finance Director        08700 053 649

    Bankside
    Steve Liebmann or Simon Bloomfield             020 7367-8888


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