REG - Compass Group PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">CPG.L</Origin>

CompassAnnouncement

28/11/2014 16:50

RNS Number : 3793Y
Compass Group PLC
28 November 2014
 
COMPASS GROUP PLC: DIRECTOR/PDMR SHAREHOLDINGS
Compass Group PLC (the "Company") announces the following changes in the interests of Directors and Persons Discharging Managerial Responsibility ("PDMR") in ordinary shares of 10 5/8 pence each in the share capital of the Company ("Shares").
1. Long Term Incentive Plan Release
Following satisfaction of 100% of both of the Adjusted Free Cash Flow and Total Shareholder Return performance conditions in the three years ended 30 September 2014, Awards made on 25 November 2011 under The Compass Group Long Term Incentive Plan ("LTIP") vested and the following Shares were released and issued on 27 November 2014:
Name
Director / PDMR
Number of Shares
Dominic Blakemore
Director
114,832
Richard Cousins
Director
343,720
Gary Green
Director
194,516
Andrew Martin
Director
156,186
Andrew Furlong
PDMR
116,092
Philippe Op de Beeck
PDMR
52,196
Mark White
PDMR
96,310
Jane Kingston
PDMR
86,066
The Shares noted below were sold on 28 November 2014 at 1064.2037 pence per Share in order to realise sufficient funds to settle resultant tax and social security liabilities arising from such issue: 
Name
Number of Shares sold
Dominic Blakemore
53,866
Richard Cousins
160,910
Andrew Martin
73,117
Andrew Furlong
59,988
Philippe Op de Beeck
9,410
Mark White
45,087
Jane Kingston
40,291
A further 182,810 Shares were disposed by Mr Cousins, 83,069 Shares by Mr Martin, 44,907 Shares by Mr Furlong, 22,928 Shares by Miss Kingston and 51,223 Shares by Mr White, all at the same time and at the same price. 
2. Disposal of Shares
On 28 November 2014, Mr Martin and Mr Green, both Directors, sold 111,764 Shares and 150,000 Shares respectively at a price of 1064.2037 pence per Share.
Resultant Shareholdings
Following the transactions detailed above, total interests in Shares for the Directors and PDMRs noted above are as shown below:
Name
Number of Shares
Percentage of Issued Share Capital 
Dominic Blakemore
60,966
0.00365
Richard Cousins* 
1,515,815
0.09079
Gary Green
516,241
0.03092
Andrew Martin
500,000
0.02995
Andrew Furlong
171,957
0.01030
Philippe Op de Beeck
46,132
0.00276
Jane Kingston
319,269
0.01912
Mark White**
310,230
0.01859
*Of the amount above, 778,831 Shares are registered in the name of Mrs C Cousins. 
**The amount of 310,230 Shares above are registered in the name of Mrs M B White. 
ENDS
Enquiries: 
Compass Group PLC
+44 (0)1932 573000
Investors/Analysts: Mark J White, General Counsel & Company Secretary
 Sandra Moura, Head of Investor Relations 
Note to Editors 
Compass Group PLC is a world-leading food and support services company, which generated annual revenues of 17.1 billion in the year to 30 September 2014. It operates in over 50 countries, employs over 500,000 people and serves over 4 billion meals every year. The Company specialises in providing food and a range of support services across the core sectors of Business & Industry, Healthcare & Seniors, Education, Defence, Offshore & Remote, Sports & Leisure and Vending with an established brand portfolio. 

This information is provided by RNS
The company news service from the London Stock Exchange
  END
RDSFEAFMAFLSEDF