RNS Number : 1573A
Invensys PLC
29 July 2008
INVENSYS PLC
("the Company")
Transactions by persons discharging managerial responsibilities and their connected
persons in accordance with DTR 3.1.4R(1)(a)
Invensys plc notifies that 776,734 ordinary shares of 10p each ("Shares") have been
released to Ulf C I Henriksson, a director of the
Company, on 29 July 2008, following vesting of an award granted under the 1998 Long Term
Incentive Plan on 22 July 2005.
The award was granted over a maximum of 1,643,534 Shares and, under the terms of
the performance target (which primarily related to the Company's TSR relative to a basket
of 12 global
comparators over a three-year performance period), vested as to 94.52% of the Shares under
award. In
accordance with the terms of the award, 776,734 Shares (that is, half of the total number
satisfying the
performance target) were released to Mr Henriksson on 29 July 2008 and the balance will be
available
for release to Mr Henriksson on 22 July 2009, subject to continued employment.
318,461 Shares were sold at 280.1262p per Share on 29 July 2008 to meet Mr Henriksson's
tax liabilities on the Shares which were
released.
Following these transactions Mr Henriksson's total holding is 1,152,606 Shares
(representing 0.1441% of the issued share capital).
Name of contact and telephone number for queries: Steve Devany, Vice President -
Communications 020 7821 3758
Name of Company Official responsible for making notification: Jessica Wildgoose, Company
Secretarial Assistant
Date of notification: 29 July 2008
This information is provided by RNS
The company news service from the London Stock Exchange
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