| Thu 12 Jul 2007, 14:00 | | SAB - SABMiller plc - EBT Additional Award |
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SAB
SOSAB
SAB - SABMiller plc - EBT Additional Award
SABMiller plc
JSE ALPHA CODE: SAB
ISSUER CODE: SOSAB
ISIN CODE: GB0004835483
Notification of Transactions of Directors/PDMR`s in accordance with DTR3.1
EBT Additional Award
The independent trustee of the SABMiller plc Employees` Benefit Trust (the
"EBT"), notified the company on 11 July 2007 that it had on 9 July 2007
exercised its discretion and released 200,000 ordinary shares in SABMiller
plc to directors and persons exercising managerial responsibility (PDMR`s)
participating in the Performance Share Award Scheme (the "Scheme").
On 15 July 2005 the company announced that the TSR performance condition
had been achieved in respect of Scheme awards made on 9 July 2002. The
directors/PDMR`s elected to retain these vested awards with the EBT for a
further two years. That period having expired, the trustee has awarded
additional nil-cost awards to the directors/PDMR`s. The numbers of
additional shares awarded and those sold and retained by directors/PDMR`s
are set out below:
Name of Directors Additional Shares Shares Revised
and PDMR`s shares sold to retained Total
awarded to meet PAYE by Beneficial
Director/ and NIC Director/ holding
PDMR`s liability PDMR`s following
EBT award
and sale
E. A. G. Mackay 120,000 49,200 70,800 707,881
M. I. Wyman 80,000 32,800 47,200 448,796
Price per share for shares sold: GBP12.73
Date of sale: 9 July 2007
Date company informed of sale: 11 July 2007
The shares sold on behalf of the Directors/PDMR`s to meet PAYE and NIC
liability (where applicable) were purchased by the EBT. Following these
transactions, the EBT holds a total of 3,736,028 ordinary shares in
SABMiller plc in which certain senior employees including the following
Directors/PDMR`s have an interest as potential beneficiaries: Mr. E.A.G.
Mackay, Mr. M.I. Wyman, Mr. N. J. Adami, Dr. A.J. Clark, Ms. S. Clark, Mr.
J. Davidson, Mr.N.T. Fell, Mr. C.A. van Kralingen, Mr. N.T. Long, Mr. J.
Nel, Mr. A.C. Parker and Mr. B.J.K. Smith.
John Davidson
General Counsel and Group Company Secretary
Date: 12/07/2007 14:00:02 Produced by the JSE SENS Department.
