Director/PDMR Shareholding
April 28 2010 - 10:00AM
UK Regulatory
TIDMDLTA
RNS Number : 9771K
Delta PLC
28 April 2010
DELTA PLC
NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
("PDMRs")
Delta plc announces the following transactions by PDMRs in the Company's
ordinary shares of 25p each ("Shares").
On 28 April 2010, awards (structured as market value options) that vested on the
same date when the offer by Valmont Industries Pty Ltd ("Valmont") became
unconditional in all respects were exercised under the terms of and pursuant to,
the rules of the Delta Deferred Bonus Plan ("DBP").
The Remuneration Committee has determined that following exercise and in lieu of
the issue or transfer of Shares to satisfy the options and awards, it would make
cash payments, determined using a value of 185p per Share, the price offered by
Valmont.
DirectorNo. of SharesCash Settlement
Todd Atkinson 416,172 GBP769,918.20
Jon Kempster 246,454 GBP455,939.90
The notification of these transactions is intended to satisfy the Company's
obligations under Disclosure and Transparency Rule 3.1.4.
-End-
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