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Regulatory Announcement - Director/PDMR Shareholding
17th April 2007
AVS No: 516160
DRS Data & Research Services plc.
Director/PDMR Shareholding
The Executive Directors were on Friday 13 April 2007, awarded share options under the Company’s DRS Enterprise Management Incentive Scheme at a price of nil pence per share and the DRS 2005 Long-Term Incentive Plan also at nil pence per share as follows:
| Director |
Proposed EMI Scheme allocation of ordinary shares |
Proposed LTIP Scheme allocation of ordinary shares |
|---|---|---|
| A C Lee |
80,000 | 133,180 |
| A M Tebbutt |
80,000 | 73,600 |
>Subject to certain conditions, including the satisfaction of performance criteria, some or all of the awards will vest after three years.
Transaction notified in accordance with DR 3.1.4R(1)(a) and 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.