RNS Number : 9512M
SABMiller PLC
02 June 2010
 



SABMiller plc (the "Company")

 

Share Award Plan

 

Notification of transactions of directors, persons discharging managerial responsibility or connected persons in accordance with DTR 3.1

 

The following Directors and Persons Discharging Managerial Responsibility ("PDMRs") notified the Company on 1 June 2010 that they had been conditionally awarded, on 1 June 2010, by the Trustee of the Company's Employees' Benefit Trust, nil cost conditional awards under the Company's Executive Share Award Plan 2008 in respect of the numbers of US$0.10 ordinary shares in the Company as set out below. The release of shares is subject to satisfaction of the applicable performance condition.

 

 

Director/PDMR

EPS-based

performance

condition

(Note 1)

TSR-based

performance

condition

(Note 2)

E A G Mackay*

125,000

220

M I Wyman*

75,000

130

N J Adami

65,000

115

M Bowman

40,000

70

A J Clark

65,000

115

S M Clark

27,500

50

J Davidson

27,500

50

N T Fell

32,500

60

C A van Kralingen

42,500

75

A Mervis

40,000

70

B J K Smith

65,000

115

 

* Director

 

 

(Note 1)    The conditional awards of a fixed number of EPS-based performance shares are subject to testing against the Company's three-year adjusted earnings per share growth.  

 

(Note 2)    A new TSR-based performance condition was adopted by the Remuneration Committee for the TSR-based component of awards made with effect from 1 June 2010.  The above specified number of TSR-based performance shares have been awarded for each £10 million of additional shareholder value created, defined as being the amount by which the growth in the Company's market capitalisation plus net equity cash flows exceeds the median growth of a weighted peer group index, over a three to five year performance period.

 

 

Name of contact and telephone number for queries

Bill Warner: 01483 264268

 

Name of duly authorised officer of issuer responsible for making notification

John Davidson, General Counsel & Group Company Secretary

 

 

2 June 2010


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