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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Axis-Shield | LSE:ASD | London | Ordinary Share | GB0008039975 | ORD 35P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 469.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMASD
RNS Number : 8862U
Axis-Shield PLC
22 October 2010
Axis-Shield plc
Long Term Incentive Plan - Vesting of Awards
Dundee, Scotland, 22 October 2010. Axis-Shield plc (LSE:ASD, OSE:ASD), the international and innovative in vitro diagnostics company (the 'Company'), announces that on 22 October 2010, a total of 10,500 ordinary shares of 35 pence each ("Shares") vested in favour of Persons Discharging Managerial Responsibilities ("PDMRs") under the terms of the Company's Long Term Incentive Plan ("LTIP"). This vesting, details of which are provided below, related to the "retention awards" granted to the relevant individuals under the LTIP on 9 October 2007:
No. of Shares originally No. of Shares that subject to retention vested on 22 October Name Role awards 2010 ------------------ ------ ------------------------- ---------------------- Colin King PDMR 1,500 1,500 ------------------ ------ ------------------------- ---------------------- Atle Schjott PDMR 1,500 1,500 ------------------ ------ ------------------------- ---------------------- Oddvar Vanberg PDMR 1,500 1,500 ------------------ ------ ------------------------- ---------------------- Gordon Powell PDMR 1,500 1,500 ------------------ ------ ------------------------- ---------------------- John Sperzel PDMR 1,500 1,500 ------------------ ------ ------------------------- ---------------------- Kjersti Grimsrud PDMR 1,500 1,500 ------------------ ------ ------------------------- ---------------------- George Zajicek PDMR 1,500 1,500 ------------------ ------ ------------------------- ----------------------
In accordance with the rules of the LTIP, all of the above Shares have been transferred to the relevant individuals by the trustee of the Company's Employee Benefit Trust (the 'Trust').
Following the transfer of shares to PDMRs, a total of 5,211 Shares were sold at a price of 292p per Share on behalf of the PDMRs on 22 October 2010. Details of these sales, and the resulting effect on the PDMRs' shareholdings, are set out below:
Previous Shares New Name Role shareholding received Shares sold shareholding -------------- ------ ------------- ---------- ------------ ------------- Colin King PDMR 885 1,500 1,500 885 -------------- ------ ------------- ---------- ------------ ------------- Atle Schjott PDMR 12,592 1,500 - 14,092 -------------- ------ ------------- ---------- ------------ ------------- Oddvar Vanberg PDMR - 1,500 1,500 - -------------- ------ ------------- ---------- ------------ ------------- Kjersti Grimsrud PDMR 2,780 1,500 729 3,551 -------------- ------ ------------- ---------- ------------ ------------- Gordon Powell PDMR 4,936 1,500 429 6,007 -------------- ------ ------------- ---------- ------------ ------------- John Sperzel PDMR - 1,500 429 1,071 -------------- ------ ------------- ---------- ------------ ------------- George Zajicek PDMR 10,796 1,500 624 11,672 -------------- ------ ------------- ---------- ------------ -------------
The above notifications are intended to satisfy the Company's obligations under Disclosure and Transparency Rule ("DTR") 3.1.4R.
This announcement is required to be made on the London Stock Exchange and is repeated in Norway for Oslo Stock Exchange purposes in accordance with the "equivalent information" rule (DTR 2.4 of the UK Listing Authority Rules).
--Ends--
Enquiries:
Axis-Shield plc Tel: +44 (0)203 178 7849 ---------------------------------- ------------------------- Ronny Hermansen, Finance Director ---------------------------------- -------------------------
Notes for Editors
About Axis-Shield
Axis-Shield (www.axis-shield.com) is an international in vitro diagnostics company, headquartered in Dundee with R&D and manufacturing bases in Dundee and Oslo. The Group specialises in the supply of instruments and tests for the rapidly growing physician's office testing market and the development, manufacture and marketing of innovative proprietary diagnostics kits in areas of clinical need, including cardiovascular and neurological diseases, rheumatoid arthritis, and diabetes.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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