| Mon 1 Jun 2015, 16:30 | | SABMILLER PLC - Directors Dealings in Shares |
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SAB 201506010065A
Directors? Dealings in Shares
SABMiller plc
JSEALPHA CODE: SAB
ISIN CODE: SOSAB
ISIN CODE: GB0004835483
Directors? Dealings in Shares
Notification of transactions of directors, persons discharging managerial responsibilities or
connected persons in accordance with DTR 3.1
The independent trustee of the SABMiller plc Employees? Benefit Trust (EBT) notified
SABMiller plc (the Company) on 1 June 2015 that it had on 1 June 2015 exercised its
discretion and released ordinary shares in the Company to persons discharging managerial
responsibility (PDMRs), as summarised in the table below. These shares relate to value
share awards made in 2011 under the SABMiller plc Executive Share Award Plan 2008 which
were released to the participants during the financial year ended 31 March 2015 based on
the Company?s TSR out-performance of the median of the comparator group up to the end
of the month prior to their respective release dates.
As previously announced, one third of those shares were released to the participants during
the year ended 31 March 2015, with the remaining two-thirds of the shares being deferred
and eligible for release in two further equal tranches on 1 June 2015 and 1 June 2016. There
is no opportunity for the deferred shares to be retested against any future TSR out-
performance, and the deferred shares remain subject to forfeiture under certain
circumstances should a participant?s employment terminate before the fifth anniversary of
the date of the original award.
Although subject to the risk of forfeiture, participants are entitled to receive a notional
dividend on their deferred shares, calculated by reference to dividends actually paid by the
Company during the deferral period, and to be satisfied in the form of additional shares,
subject to taxation, only once the deferred shares are free from forfeiture risk and finally
released to the participants.
Name of PDMR Deferred Additional Shares sold Shares Shares
shares shares retained deferred
released on released on until 1 June
1 June 2015 1 June 2015 2016
K G Lippert 15,822 75 6,669 9,228 15,823
A Mervis 3,037 58 1,238 1,857 3,038
The price per share sold on 1 June 2015 was #34.94.
Name of contact and telephone number for queries
Bill Warner: 01483 264268
Name of duly authorised officer of issuer responsible for making notification
Stephen Shapiro
Group Company Secretary
1 June 2015
Sponsor:
J.P. Morgan Equities South Africa (Pty) Ltd
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