Director/PDMR Shareholding (9720L)

TIDMPNX

RNS Number : 9720L

Phoenix IT Group PLC

08 August 2011

THE PHOENIX IT GROUP PERFORMANCE SHARE PLAN 2004

This Notification is made in accordance with DTR 3.1.4(1)(a) and (c).

On 5(th) August 2011, the following awards ("Awards") over ordinary shares in the Company were made under the Phoenix IT Group Performance Share Plan 2004 (the "Plan") to a Director of the Company.

 
 Name of Director    Number of shares under the Award 
 
  David Courtley                 613,071 
                    ---------------------------------

No consideration was paid for the grant of the Awards which is structured as an option with a nil exercise price.

The vesting of an Award is ordinarily subject to continued employment of the participant and the satisfaction of performance conditions set by the Remuneration Committee of the Company over a three year performance period.

The Company was informed of the above transaction relating to Awards on 5(th) August 2011.

Name of contact and telephone number for queries: Mr William Martin, Company Secretary, 01604 669531.

For and on behalf of Phoenix IT Group plc

William Martin

Date 8(th) August 2011.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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