Charles Taylor plc (the "Company")
Director PDMR Shareholding - Correction
The following is a corrected version of the announcement made earlier today.
The total number of shares held by Jeremy Grose was incorrect. All other
information remains the same.
Vesting of share awards and Director purchase of shares
The Company announces that on 13 May 2015, the following Executive Director and
PDMR's received nil cost ordinary shares of 1p each in the Company ("shares")
on the maturity of a third each of their deferred annual bonus share awards for
2011 and 2012. Following the maturity, each recipient requested that the
Trustee of the Charles Taylor Employees' Share Ownership Plan ("the Trustee")
sell sufficient shares to cover their tax and NI liabilities and dealing costs
and either requested that the Trustee sell the remainder on their behalf or
transfer the balance into their name as indicated below:-
Executive Number of shares Number of shares Number of shares
Director: vesting: sold: retained:
Damian Ely 8,981 4,238 4,743
PDMR: Number of shares Number of shares Number of shares
vesting: sold: retained:
Stephen Card 11,343 11,343 Nil
Arthur 1,001 473 528
Clarke*
Jeremy Grose 12,878 6,077 6,801
*Arthur Clarke's maturity was in respect of an award for 2011 only.
Jeremy Grose, a PDMR of the Company, also received 10,442 nil cost shares on
the maturity of a third of his deferred annual bonus share award for 2013. He
requested that the Trustee sell 4,928 shares to cover his tax and NI
liabilities and dealing costs and requested that the Trustee transfer the
balance of 5,514 shares into his name.
The shares that were sold were sold at 230p per share.
Following this announcement, the Executive Director and PDMR's and their
connected persons hold shares as follows:-
Director/PDMR: Number of shares: % of the total voting rights of the Company:
Damian Ely 106,926 0.16
Stephen Card 7,568 0.01
Arthur Clarke 38,560 0.06
Jeremy Grose 22,939.812903 0.03
This notice is given in fulfilment of the obligation under DTR3.1.4R.
For more information, please contact:
Ivan Keane - Group Company Secretary and General Counsel - 020 3320 2206
David Lanchester - Deputy Group Company Secretary - 020 3320 8829
Charles Taylor plc
14 May 2015
Notes to Editors:
About Charles Taylor plc
Charles Taylor plc is a leading provider of professional services to clients
across the global insurance market. The Group has been providing services since
1884 and today employs over 1,200 staff in 67 offices spread across 27
countries in the UK, the Americas, Asia Pacific, Europe and the Middle East.
The Group offers services, principally on a fee-based model and operates
through three businesses - Management, Adjusting and Insurance Support
Services. Charles Taylor also owns insurers, creating value through select
acquisitions and operational efficiency.
Further information is available at www.ctplc.com