SABMiller PLC Director/PDMR Shareholding (9995R)
July 02 2015 - 7:00AM
UK Regulatory
TIDMSAB
RNS Number : 9995R
SABMiller PLC
02 July 2015
SABMiller plc (the "Company")
Notification of transactions of directors, persons discharging
managerial responsibilities or connected persons in accordance with
DTR 3.1
The independent trustee of the SABMiller plc Employees Share
Purchase Plan Trust notified the Company on 2 July 2015 that a PDMR
purchased Partnership Shares and was allocated Matching Shares in
the SABMiller plc Employee Share Purchase Plan (the "Plan") on 1
July 2015.
The Plan is an HMRC tax-advantaged Share Incentive Plan under
which qualifying UK employees are able to purchase SABMiller plc
ordinary shares of US$0.10 each ("Partnership Shares") either
monthly or in lump sums out of pre-tax salary (limited to an
aggregate maximum of GBP1,800 per year). Under normal circumstances
the acquired Partnership Shares must remain in the Trust for five
years from acquisition to receive the full tax benefits. The
Company provides one SABMiller plc ordinary share, free of charge
("Matching Shares"), for every seven Partnership Shares purchased.
Matching Shares are forfeitable in certain circumstances if
Partnership Shares are withdrawn from the Trust within five years.
Details of the Partnership Shares purchased by, and Matching Shares
allocated to, the PDMR are summarised in the table below.
Name of PDMR Nature of purchase Number of shares Matching shares Price per
acquired share
John Davidson Lump Sum 54 7 GBP33.0425
-------------------- ----------------- ---------------- -----------
Directors and PDMRs are bound by the Company's Share Dealing
Code (the "Code") and may not change their monthly deductions from
salary or elect to make a lump sum contribution during close
periods or when otherwise prohibited from dealing by the Code.
Name of contact and telephone number for queries
Bill Warner: 01483 264268
Name of duly authorised officer of issuer responsible for making
notification
Stephen Shapiro, Group Company Secretary
2 July 2015
This information is provided by RNS
The company news service from the London Stock Exchange
END
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