TIDMMGGT

RNS Number : 2539A

Meggitt PLC

22 March 2017

Meggitt PLC

Director/PDMR Shareholdings

Stephen Young (Chief Executive - Director/PDMR)

On 22 March 2017, Mr Young exercised a stock-settled share appreciation right award (SARs) that was due to expire on 28 March 2017 under the rules of the 2005 Executive Share Option Scheme. Mr S Young sold enough shares to cover tax and costs, and transferred the remainder to his spouse, Mrs C Young:

 
  Type        Grant        Award      Shares      SARs       Shares      Total         Total 
    of         Date         price      under     exercise      to        shares        shares 
  award                                award      price*     satisfy      sold       transferred 
                                                               the      GBP4.4180 
                                                              award 
--------  ------------  -----------  --------  ----------  ---------  -----------  ------------- 
   SAR     29/03/2007    GBP2.9900    192,642   GBP4.4760    63,955      30,120        33,835 
--------  ------------  -----------  --------  ----------  ---------  -----------  -------------

*The price used to determine the number of shares to satisfy the award

As a result of these transactions, the shareholding of Stephen Young has increased to 672,433 ordinary shares (0.09% of issued share capital).

Philip Green (Executive Director, Commercial & Corporate Affairs- Director/PDMR)

On 22 March 2017, Mr Green exercised a share option (Option) that was due to expire on 28 March 2017 under the rules of the 2005 Executive Share Option Scheme and sold all of the shares:

 
  Type        Grant        Option     Shares      Shares       Total 
    of         Date         price      under     exercised     shares 
  award                                option                   sold 
                                                              GBP4.4180 
--------  ------------  -----------  --------  -----------  ----------- 
 Option    29/03/2007    GBP2.9900     2,759      2,759        2,759 
--------  ------------  -----------  --------  -----------  -----------

As a result of this transaction, the shareholding of Philip Green remained unchanged at 573,018 ordinary shares (0.07% of issued share capital).

Date: 22 March 2017

Enquiries:

   Meggitt PLC                                                              +44(0)1202 597597

Marina Thomas, Senior Vice President & Group Company Secretary (marina.thomas@meggitt.com)

Simon Grant, Company Secretarial Assistant (simon.r.grant@meggitt.com)

Legal Entity Identifier (LEI): YMFO3TKB4UAWQTDZJJ31

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 22, 2017 13:40 ET (17:40 GMT)

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