RCH Reach Plc

TIDMTNI

RNS Number : 5768Z

Trinity Mirror PLC

27 May 2016

Trinity Mirror plc

27 May 2016

Trinity Mirror plc (the "Company")

Director / PDMR Shareholding

The Company was notified on 26 May 2016 by Estera Trust (Jersey) Limited (the "Trustees"), trustees of the Trinity Mirror Long Term Incentive Plan 2012 (the "LTIP") of the following changes in a director's interests in the Company's ordinary shares of 10p (the "Ordinary Shares"), in accordance with the operation of the LTIP.

On 26 May 2016, Simon Fox, Chief Executive of the Company, exercised options over the remaining 33,907 Ordinary Shares (representing 0.01% of the Company's issued share capital) of the 2012 LTIP award that vested in 2015. Following the exercise of these options, 15,970 Ordinary Shares were sold at 118.25p to satisfy tax and National Insurance liabilities, and 17,937 Ordinary Shares were transferred to his spouse, Clementine Fox.

Following this notification, Simon Fox's beneficial shareholding is as follows:

 
 Director     Total beneficial   Total beneficial 
               shareholding*      shareholding 
                                  as a percentage 
                                  of shares 
                                  in issue 
-----------  -----------------  ----------------- 
 Simon Fox    829,106            0.29% 
-----------  -----------------  ----------------- 
 

*This excludes 114,981 shares held in the Restricted Share Plan not yet eligible for release.

As at the date of this announcement, the Company's issued share capital stands at 283,459,571 ordinary shares of 10p each.

This notification is made in accordance with paragraph 3.1.4 of the Disclosure and Transparency Rules.

Name of authorised official of issuer responsible for making notification:

Vijay Vaghela, Group Finance Director and Company Secretary

Date and Place of transaction: London, 26 May 2016

Enquiries

 
   Trinity Mirror 
   Vijay Vaghela, Group Finance Director       020 7293 
    and Company Secretary                       3553 
 
     Brunswick 
                                               020 7404 
   Mike Smith, Partner                          5959 
 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHLLFVVEAIDFIR

(END) Dow Jones Newswires

May 27, 2016 10:20 ET (14:20 GMT)

Reach (LSE:RCH)
Historical Stock Chart
From Mar 2024 to Apr 2024

Reach (LSE:RCH)
Historical Stock Chart
From Apr 2023 to Apr 2024