Director/PDMR Shareholding
September 05 2008 - 4:00AM
UK Regulatory
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY OR CONNECTED PERSONS
This form is intended for use by an issuer to make a RIS notification required
by DR 3.1.4R(1).
(1) An issuer making a notification in respect of a transaction relating to the
shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.
(2) An issuer making a notification in respect of a derivative relating the
shares of the issuer should complete boxes 1 to 4, 6, 8,13, 14, 16, 23 and 24.
(3) An issuer making a notification in respect of options granted to a director
/person discharging managerial responsibilities should complete boxes 1 to 3
and 17 to 24.
(4) An issuer making a notification in respect of a financial instrument
relating to the shares of the issuer (other than a debenture) should complete
boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.
Please complete all relevant boxes should in block capital letters.
1. Name of the issuer 2. State whether the notification
relates to (i) a transaction
notified in accordance with DR
3.1.4R(1)(a); or
(ii) DR 3.1.4(R)(1)(b) a disclosure
made in accordance with section 324
(as extended by section 328) of the
Companies Act 1985; or
(iii) both (i) and (ii)
NEW STAR ASSET MANAGEMENT GROUP (iii)
PLC
3. Name of person discharging 4. State whether notification relates
managerial responsibilities/ to a person connected with a person
director discharging managerial
responsibilities/director named in
3 and identify the connected person
MICHAEL ASTOR N/A
5. Indicate whether the notification 6. Description of shares (including
is in respect of a holding of the class), debentures or derivatives
person referred to in 3 or 4 or financial instruments relating
above or in respect of a to shares
non-beneficial interest
RESTRICTED BENEFICIAL INTEREST OF ORDINARY SHARES OF 25 PENCE EACH
PERSON REFERRED TO IN 3
7. Name of registered shareholders 8 State the nature of the transaction
(s) and, if more than one, the
number of shares held by each of
them
NS TWO LIMITED (AS TRUSTEE OF THE PURCHASE OF JOINT INTEREST IN
NEW STAR 2008 EMPLOYEES' SHARE TR SHARES.
UST (NO. 1) JOINTLY WITH PERSON
NAMED IN 3
9. Number of shares, debentures or 10. Percentage of issued class acquired
financial instruments relating to (treasury shares of that class
shares acquired should not be taken into account
when calculating percentage)
500,000 0.19%
11. Number of shares, debentures or 12. Percentage of issued class disposed
financial instruments relating to (treasury shares of that class
shares disposed should not be taken into account
when calculating percentage)
N/A N/A
13. Price per share or value of 14. Date and place of transaction
transaction
105.33p PER SHARE, RESTRICTED 04/09/08
INTEREST SEE 23
15. Total holding following 16. Date issuer informed of transaction
notification and total percentage
holding following notification
(any treasury shares should not
be taken into account when
calculating percentage)
SEE 23 BELOW 04/09/08
If a person discharging managerial responsibilities has been granted options by
the issuer complete the following boxes
17 Date of grant 18. Period during which or date on
which it can be exercised
N/A N/A
19. Total amount paid (if any) for 20. Description of shares or
grant of the option debentures involved (class and
number)
N/A N/A
21. Exercise price (if fixed at time 22. Total number of shares or
of grant) or indication that debentures over which options held
price is to be fixed at the time following notification
of exercise
N/A N/A
23. Any additional information 24. Name of contact and telephone
number for queries
SHARES HAVE BEEN ACQUIRED JOINTLY J BLOOM
BY THE PERSON NAMED IN 3 AND THE
TRUSTEE NAMED IN 7 PURSUANT TO 0207 225 9269
THE NEW STAR EMPLOYEE SHARED
OWNERSHIP PLAN APPROVED BY
SHAREHOLDERS ON 20 JUNE 2008. THE
DIRECTOR'S INTEREST WILL VEST TO
THE EXTENT THAT SPECIFIED
PERFORMANCE TARGETS ARE ACHIEVED
AND SUBJECT TO SERVICE CONDITIONS
. SUBJECT TO VESTING, THE
DIRECTOR WILL BENEFIT FROM THE
GROWTH IN VALUE OF VESTED SHARES
ABOVE 105.33p PER SHARE INCREASED
BY AN ANNUAL 5% SIMPLE INTEREST
CHARGE. MR ASTOR IS ALSO
INTERESTED IN 1,260,672 ORDINARY
SHARES OF WHICH 456,672 ORDINARY
SHARES ARE HELD NON-BENEFICIALLY
BY DISCRETIONARY TRUSTS DESCRIBED
IN THE COMPANY'S 2007 ANNUAL
REPORT.
Name and signature of duly authorised officer of issuer responsible for making
notification
JONATHAN BLOOM
COMPANY SECRETARY
NEW STAR ASSET MANAGEMENT GROUP PLC
__________________________________________________________
Date of notification 5 SEPTEMBER 2008
END
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