| Wed 2 Jun 2010, 16:20 | | SAB - SABMiller Plc - Share Award Plan |
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SAB
SOSAB
SAB - SABMiller Plc - Share Award Plan
SABMiller Plc
JSEALPHA CODE: SAB
ISSUER CODE: SOSAB
ISIN CODE: GB0004835483
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 TSR-based
performance performance
condition condition
(Note 1) (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 42,500 75
Kralingen
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 GBP10 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
Date: 02/06/2010 16:20:01 Produced by the JSE SENS Department.
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