John Menzies plc

 

 

The Company was notified on 22 March 2006 that the following directors and Persons Discharging Managerial Responsibility (PDMR) have purchased ordinary shares of 25p each in the Company under the terms of the Company's 2005 Bonus Co-investment Plan.  The purchases involved, and the maximum number of matching shares which may vest on full achievement of the three-year performance targets are:

 

Name		Date		Share price		No of shares purchased		Total beneficial holding following purchase	Maximum number of additional shares which may vest
Directors
Patrick Macdonald		22 March 2006		530p		2,953		16,646	5,906
Paul Dollman		22 March 2006		530p		2,408		11,337	4,816
PDMR
Craig Smyth		22 March 2006		530p		2,484		10,507	4,968

 

The above purchases represent 0.01% of the issued share capital.  The matching shares which may vest are held by the John Menzies Employee Benefit Trust.

 

 

The Company also, on 22 March, made nil cost awards of ordinary shares of 25p each under the Company's 2005 Performance Share Plan subject to three-year performance targets to the following directors and PDMRs: 

 

Directors		Shares		% of issued share capital
Patrick Macdonald		45,000		0.08
Paul Dollman		30,000		0.05
PDMRs
Craig Smyth		30,000		0.05
Ellis Watson		30,000		0.05

 

This notification relates to both (i) a transaction notified in accordance with DR 3.1.4R(1)(a) and (ii) DR 3.1.4(r)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985.

 

C A Anderson

Company Secretary

0131 459 8180