TIDMPRW

RNS Number : 6620G

Promethean World Plc

09 May 2014

Promethean World Plc

('Promethean' or 'the Company')

PDMR Share Option Vesting

Promethean World Plc (LSE: PRW) announces that on 8 May 2014 the following members of the Company's Senior Management Team ("PDMRs") received from the Company's Employee Benefit Trust ordinary shares of 10p each in Promethean under the Promethean Performance Share Plan 2011 ("PSP") as a consequence of the vesting of their conditional share awards granted in 2012.

The number of ordinary shares vesting and ultimately acquired by the PDMRs is shown in the table below. Lupita Knittel elected to sell a proportion of her vested shares in order to settle her net tax liability accruing upon vesting.

 
      PDMR           Number of ordinary         Number of ordinary 
                      shares of 10p each        shares of 10p each 
                    in the Company vesting    in the Company received 
                                               following settlement 
                                                 of tax liability 
----------------  ------------------------  ------------------------- 
 Rob Goldberg               3,750                     3,750 
----------------  ------------------------  ------------------------- 
 Lupita Knittel             6,250                     4,126 
----------------  ------------------------  ------------------------- 
 Kenneth Uhlig             10,000                     10,000 
----------------  ------------------------  ------------------------- 
 

Enquiries

Promethean

   Wendy Baker, Company Secretary                                   + 44 (0) 1254 290749 
   Citigate Dewe Rogerson Consultancy                          + 44 (0) 207 638 9571 
   Anthony Carlisle                                                             + 44 (0) 7973 611 888 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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