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Director Dealing

Date : 15/07/2011 @ 13:28
Source : UK Regulatory (RNS & others)
Stock : The Share Centre (SHRE)
Quote : 24.0  0.0 (0.00%) @ 07:59

Director Dealing

TIDMSHRE

RNS Number : 4976K

Share PLC

15 July 2011

Share plc

(the "Company")

Director Dealings

PURCHASE OF PARTNERSHIP SHARES AND AWARDS OF MATCHING SHARES

Share plc (AIM:SHRE.LN) announces that on 15 July the undermentioned directors of the Company purchased ordinary shares of 0.5 pence at an allocation cost of 25.125 pence per share as "partnership shares" under the Company's Share Incentive Plan. These purchases were undertaken by the trustee of the Company's Share Incentive Plan, Sharesecure Ltd, a UK registered company, on behalf of these individuals and the shares were purchased in the open market. Allocation cost is calculated in accordance with HMRC SIP Rules and Guidance under the 'quarter up' rule.

In connection with these purchases on the same date the directors were awarded ordinary shares of 0.5 pence as "matching shares" under the Company's Share Incentive Plan. No consideration was paid by the grantees for the award of the matching shares and no consideration is due on the release of the matching shares.

The risk of forfeiture attached to the matching shares will normally be removed on the third anniversary of allocation subject to continued employment and the retention of the Partnership shares in connection with which they were awarded.

All the above transactions are summarised below:

 
                  Partnership    Matching        Total holding   % of current 
                  shares         shares           following      issued 
 Director         acquired       awarded          notification   shares 
---------------  -------------  --------------  --------------  -------------- 
 Sir Martin 
  Jacomb          398            796             596896          0.42 
---------------  -------------  --------------  --------------  -------------- 
 Richard 
  Tolkien         497            994             90673           0.06 
---------------  -------------  --------------  --------------  -------------- 
 Iain Wallace     497            994             127959          0.09 
---------------  -------------  --------------  --------------  -------------- 
 Richard Stone    497            994             95878           0.07 
---------------  -------------  --------------  --------------  -------------- 
 

For more information, please contact:

 
 Share plc                                01296 414141 
 Gavin Oldham, Chief Executive 
 
 Barbara Pierssene, Company Secretary 
 Peel Hunt LLP, Nominated Adviser and 
  Broker                                 020 7418 8900 
 Guy Wiehahn 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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