Development Securities PLC Director/PDMR Shareholding (8224D)
February 02 2015 - 10:16AM
UK Regulatory
TIDMDSC
RNS Number : 8224D
Development Securities PLC
02 February 2015
Notification of transactions of Directors, Persons Discharging
Managerial Responsibility or connected persons
Grant of saye options
On 22 December 2014, Grants of Options were made through the
Development Securities PLC Approved Save As You Earn Option Plan
(the "Plan"). The options were in respect of ordinary shares of 50
pence each in the share capital of Development Securities Plc.
All employees of the Company were eligible to subscribe for
share options at GBP1.792 under the Plan which are exercisable at
the end of a three year savings contract ending 1 February 2018.
The Plan rules follow HMRC guidance and limit each employee to a
maximum saving of GBP500 per month over the three year period of
the Plan.
Options have been granted to the following Executive Directors
who elected to participate in the Plan:
Director/PDMR Number of Share Option Price
Options Granted
---------------- ----------------- -------------
Matthew Weiner 10044 GBP1.792
---------------- ----------------- -------------
Marcus Shepherd 10044 GBP1.792
---------------- ----------------- -------------
For further information please contact:
Chris Barton
Company Secretary
Development Securities PLC
Portland House
Bressenden Place
London
SW1E 5DS
Tel: 020 7828 4777
This information is provided by RNS
The company news service from the London Stock Exchange
END
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