| Fri 3 Aug 2007, 14:00 | | SAB- SABMiller- Notification of Transactions of PD |
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SAB
SOSAB
SAB- SABMiller- Notification of Transactions of PDMR`s in accordance with DTR3.1
SABMiller plc
JSE ALPHA CODE: SAB
ISSUER CODE: SOSAB
ISIN CODE: GB0004835483
Notification of Transactions of 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 2 August 2007 that it had on 1 August 2007
exercised its discretion and released 100,000 ordinary shares in SABMiller plc
to directors and persons exercising managerial responsibility (PDMR`s)
participating in the Performance Share Award Scheme (the "Scheme").
On 9 August 2005 the company announced that the TSR performance condition had
been achieved in respect of Scheme awards made on 1 August 2002. The 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
PDMR`s. The numbers of additional shares awarded and those sold and retained by
directors and PDMR`s are set out below:
Name of PDMR: N J Adami
Additional shares awarded to PDMR: 60,000
Shares sold / sufficient shares sold to meet PAYE and NIC liability (where
applicable): 25,920
Shares retained by PDMR: 34,080
Revised total beneficial holding following EBT award and sale: 218,509
Name of PDMR: A C Parker
Additional shares awarded to PDMR: 40,000
Shares sold / sufficient shares sold to meet PAYE and NIC liability (where
applicable):40,000
Shares retained by PDMR: Nil
Revised total beneficial holding following EBT award and sale: 20,486
Price per share for shares sold: GBP12.30
Date and place of transaction: 1 August 2007, London
Date company informed of sale: 2 August 2007
* The independent trustee of the SABMiller plc Employees` Benefit Trust, also
notified the company on 2 August 2007 that of the 68,405 shares held by Mr A. C.
Parker in the EBT, 47,919 shares (relating to the remaining vested shares
arising from the 1 August 2002 base award) were also sold and disposed of in
London on 1 August 2007 at a price of GBP12.30 per share, leaving him with a
remaining beneficial interest of 20,486 shares, registered in the name of
Greenwood Nominees Limited.
The shares sold on behalf of the PDMR`s either in entirety or to meet PAYE and
NIC liability (where applicable) were purchased by the EBT. Following these
transactions, the EBT holds a total of 3,749,517 ordinary shares in SABMiller
plc in which certain senior employees including the following directors and
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: 03/08/2007 14:00:02 Produced by the JSE SENS Department.
