SABMiller plc - Notification Of Transaction Of Man
SABMiller plc - Notification Of Transaction Of Manager
SABMiller plc
JSE ALPHA CODE: SAB
ISSUER CODE SOSAB
ISIN CODE GB0004835483
SABMiller plc
Notification of Transactions of PDMR in accordance with DR3.1.4R
Notification of PDMR interests: Companies Act 1985 s329
EBT Release
The independent Trustee of the SABMiller plc Employee Benefit Trust (the `EBT`),
notified the company on 6 September 2005 that it had on 6 September 2005
exercised its discretion and released 109,770 ordinary shares in SABMiller plc
to Persons Discharging Managerial Responsibility (`PDMR`s`) participating in the
SABMiller Performance Share Award Scheme. These shares relate to an exceptional
conditional award made on 1 September 2002 to Mr. E. M. Sherrington.
The shares were released in line with the Remuneration Committee`s decision on 6
September 2005 that the conditions of the award, being continued employment and
full level of achievement by Mr E. M. Sherrington of the goals set for him as
performance conditions, had been met.
PDMR: Mr. E. M. Sherrington
Shares released to PDMR: 109,770
Shares sold on behalf of the PDMR: 109,770
Shares retained by PDMR: 0
Price per share for shares sold: GBP10.15 per ordinary share
Date of sale: 6 September 2005
Date company informed of sale: 6 September 2005
The revised total shareholding for the PDMR pursuant to the release of shares
under the EBT and subsequent sale to meet PAYE and NIC liability, is as follows
PDMR: Mr. E. M. Sherrington
Beneficial Holding: 1,500
The shares sold on behalf of the PDMR were purchased by the EBT. Following this
transaction, the EBT holds a total of 3,563,370 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, Ms. S. Clark, Dr. A.J Clark, Mr. J Nel, Mr. A.C. Parker, Mr.
A.O.C. Tonkinson, Mr. C.A. van Kralingen.
Name of contact and telephone number for queries:
Greg Martin +44 (0) 1483 264067
Name of duly authorised officer of issuer responsible for making notification:
Andrew Tonkinson, Company Secretary
Date of notification:
8 September 2005
Date: 08/09/2005 03:30:21 PM Supplied by www.sharenet.co.za
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