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Director/PDMR Shareholding

Date : 05/16/2012 @ 12:10PM
Source : UK Regulatory (RNS & others)
Stock : Icap (IAP)
Quote : 410.8  2.8 (0.69%) @ 4:15AM
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Director/PDMR Shareholding


RNS Number : 5118D


16 May 2012

ICAP plc (the "Company")

Person discharging managerial responsibility shareholding

On 16 May 2012, the Company was notified that EES Trustees International Limited, as Trustee of the ICAP Employee Share Trust, transferred at nil cost 63,951 ordinary shares of 10p each in the Company to John Nixon, a person discharging managerial responsibility of the Company, in satisfaction of a promise to receive shares made to him on 28 May 2009.

In order to meet the US tax liability which is incurred immediately by the transfer and exercise of those shares, Mr Nixon sold on the London Stock Exchange on 16 May 2012 a total of 15,000 shares at an average price of GBP3.307562 per share.

Following these transactions, John Nixon had an interest in 68,951 ordinary shares in the Company representing 0.01% of the Company's total voting rights.

ICAP plc

16 May 2012

This information is provided by RNS

The company news service from the London Stock Exchange



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