MENZIES(JOHN) PLC - Director/PDMR Shareholding
October 05 2015 - 7:08AM
PR Newswire (US)
Director/ PDMR Shareholding
John
Menzies plc
(the “Company”)
5 October
2015
SAVINGS-RELATED STOCK OPTION SCHEME
(“SHARESAVE SCHEME”)
The Company has been informed that, under the terms of the
Company’s Sharesave Scheme, the following directors/PDMRs have been
granted options to buy ordinary shares of £0.25 in the Company
("Ordinary Shares") at an option price of £3.50 per Ordinary
Share. The options were granted on 2 October
2015 and the savings term is 3 years.
Name |
Number of Ordinary
Shares over which option granted |
Total number of
Ordinary Shares held under Sharesave Scheme options |
John Geddes |
606 |
2,464 |
Paula Bell |
678 |
1,896 |
Please note: The Sharesave Scheme is an all employee
HMRC approved Save As You Earn Scheme under which employees of the
Company can save up to a maximum of £300 per month, over a period
of three years. At the end of this period the amount saved can be
used to buy Ordinary Shares at a price set at the start of the
relevant savings period under the Sharesave Scheme. Employees can
withdraw their participation at any time and have their money
returned to them. The option to buy Ordinary Shares is normally
exercisable for 6 months from the end of the relevant savings
period.
John Geddes
Company Secretary
0131 225 8555
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