06 MARCH 2015
Pendragon PLC ("the Company")
Vesting of 2012 LTIP
The Company announces that each of the following executive directors have
received ordinary shares of 5 pence each in the Company ("Shares") following
the vesting of conditional share awards at nil cost on 5 March 2015. The
awards were made to executive directors on 5 March 2012, under the Company's
Long Term Incentive Plan ("LTIP") and have vested by operation of the
conditional award and vesting process. The executive directors sold all the
vested Shares, and following the sale, which also took place on 5 March 2015,
the executive directors' respective beneficial holdings in the Shares remains
unchanged.
In accordance with DTR 3.1.2R and section 793 of the Companies Act 2006, the
Company announces that the following transactions took place in London over the
Shares:-
Director Type of Shares Date Shares Price Beneficial Beneficial
Transaction Vested Vested & Sold sold holding, Holding as a %
Date at: following of issued
sold sale share capital
T G Finn Vesting of 6,166,700 05.03.15 6,166,700 £ 34,317,691 2.35%
2012 LTIP 0.3921
M S Vesting of 3,425,941 05.03.15 3,425,941 £ 7,135,869 0.49%
Casha 2012 LTIP 0.3921
H C Vesting of 1,712,973 05.03.15 1,712,973 £ 2,535,988 0.17%
Sykes 2012 LTIP 0.3921
T P Vesting of 2,428,094 05.03.15 2,428,094 £ 1,127,015 0.08%
Holden 2012 LTIP 0.3921
HILARY C SYKES
06 MARCH 2015
Enquiries:
Pendragon PLC Trevor Finn Tel: 01623 725114
Tim Holden
RLM Finsbury Gordon Simpson Tel: 0207 2513801
-ENDS-