RNS Number : 7120C
Dimension Data Holdings PLC
18 November 2009
DIMENSION DATA HOLDINGS PLC
("The Company")
Sale of shares by executive directors
The Company was advised on 18th November, 2009 that following the vesting of certain Long Term Incentive awards granted during the financial year 2007, directors have sold shares to cover obligations related thereto and in all instances their shareholdings in the Company have increased as set out below:
|
Name of Director
|
Number of shares sold
|
Share Price
|
Shareholding increased by
|
|
JJ Ord
|
65,550
|
R9.38
|
152,950
|
|
BW Dawson
|
52,440
|
R9.38
|
166,060
|
|
PK Quarmby
|
39,330
|
R9.38
|
69,920
|
|
DB Sherriffs
|
23,256
|
R9.38
|
122,094
|
|
SM Joubert
|
46,512
|
R9.38
|
98,838
|
Grants to Executive Directors under share incentive arrangements
On 18th November 2009 the Company made the following awards to directors pursuant to the Long-Term Incentive Plan of the Company. All awards have conditions and are subject to the rules of the Long-Term Incentive Plan.
Long-Term Incentive Plan
|
Name of Director
|
Price of shares at award
|
Class of Security
|
Number of shares
|
Date of
Vesting
|
|
JJ Ord
|
GBP 0.75
|
Ordinary Shares
|
865,753
|
Upon notification of the achievement of the conditions by the Remuneration Committee
|
|
BW Dawson
|
GBP 0.75
|
Ordinary Shares
|
865,753
|
Upon notification of the achievement of the conditions by the Remuneration Committee
|
|
PK Quarmby
|
GBP 0.75
|
Ordinary Shares
|
432,877
|
Upon notification of the achievement of the conditions by the Remuneration Committee
|
|
DB Sherriffs
|
GBP 0.75
|
Ordinary Shares
|
577,169
|
Upon notification of the achievement of the conditions by the Remuneration Committee
|
|
SM Joubert
|
GBP 0.75
|
Ordinary Shares
|
577,169
|
Upon notification of the achievement of the conditions by the Remuneration Committee
|
Total Number of shares or debentures over which options held following this notification
|
Name of Director
|
Share Options
|
Share Appreciation Rights
|
Long-Term Incentive Awards
|
|
JJ Ord
|
7,657,222
|
600,000
|
4,064,753
|
|
BW Dawson
|
4,398,859
|
600,000
|
4,486,271
|
|
PK Quarmby
|
3,095,800
|
300,000
|
2,034,877
|
|
DB Sherriffs
|
700,000
|
400,000
|
2,711,419
|
|
SM Joubert
|
3,098,914
|
400,000
|
2,711,419
|
Total shareholding following this notification
|
Name of Director
|
Shares Held
|
% holding of issued class
|
|
JJ Ord
|
11,749,808
|
0.69
|
|
BW Dawson
|
1,518,592
|
0.09
|
|
PK Quarmby
|
1,089,045
|
0.06
|
|
SM Joubert
|
1,137,393
|
0.07
|
|
DB Sherriffs
|
781,332
|
0.05
|
18 November 2009
Contact details
Kevin Handelsman
Tel: +27 (0)11 575 3632
Kevin.handelsman@za.didata.com
This information is provided by RNS
The company news service from the London Stock Exchange
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