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Bloomsbury Publishing Plc, 50 Bedford Square, London WC1B 3DP Tel: +44(0)207 631 5600 fax: +44 (0)207 631 5800 |
Press releases & announcements |
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07th May 2010 Director/PDMR Shareholding Bloomsbury announces the following changes to the interests of Directors and PDMRs in the Company's ordinary shares of 1.25p each ("Shares"). On 6 May 2010 the Company made the following awards of Shares ("Awards") under the Bloomsbury Performance Share Plan 2005 ("PSP"): Executive Directors
The total number of Shares awarded to Executive Directors under the PSP is equal to 2.6% of the issued share capital of the Company. The Executive Directors have a total beneficial interest (excluding PSP Awards) in 2.5% of the issued share capital of the Company. PDMRs
Awards granted under the PSP will vest on 6 May 2013, but only to the extent that certain performance criteria based on earnings per share growth and total shareholder return are satisfied by the Company over a three year performance period. No consideration is payable for the grant of the Awards and the receipt of Shares is conditional upon meeting the performance criteria. It is intended that the Company's employee benefit trust will acquire shares (either by way of subscription for new shares, market purchase or from treasury) necessary to fulfil any obligation arising from the vesting of the Awards. The notification of these Awards is intended to satisfy the Company's obligations under Disclosure Rule 3.1.4.
Ian Portal
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