| Thu 2 Jun 2011, 12:05 | | SAB - SABMiller plc - Share award plan |
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SAB
SOSAB
SAB - SABMiller plc - Share award plan
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 2011 that they had been conditionally
awarded, on 1 June 2011, 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 Performance Share Award Value Share Award
(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 Kralingen 42,500 75
K Lippert 40,000 70
A Mervis 40,000 70
J S Wilson** 50,000 100
* Director
** PDMR Designate
(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) The above specified number of TSR-based performance shares have been
conditionally awarded for each GBP10 million of additional shareholder
value created, defined as 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 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 2011
Date: 02/06/2011 12:05:07 Produced by the JSE SENS Department.
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