Director/PDMR Shareholding
(Thomson Reuters ONE) - Intec Telecom Systems PLC (the "Company")Directors and Persons Discharging Managerial Responsibility (PDMRs)Shareholdings.This information is provided pursuant to DTR3.1.4R(1)(a)The Company was notified on 3 December 2009 that the following PDMRsentered into transactions in the Company's Ordinary Shares of 1p each("Shares") on 2 December 2009 pursuant to entitlements under theCompany's Long Term Incentive Plan (LTIP) and Share Option Scheme.LTIP transactionsUnder the terms of the LTIP grant, executive directors are requiredto pay a price of 1p per ordinary share, other recipients under theplan do not pay an option price.Conditional awards under Company's LTIP have met the vesting criteriaand the resultant shares have been issued to the participants in theplan. Share sales have subsequently been made, either to satisfy thetax liability arising or to realise proceeds in addition.+-------------------------------------------------------------------+| Name | Share | LTIP | LTIP | Share | LTIP || | price on | shares | shares | price at | shares || | grant | awarded | sold | sale | retained || | | | | (pence) | ||-------------+-----------+---------+---------+----------+----------|| Fred Brott | 47.25p | 193,090 | 193,090 | 107.9p | - ||-------------+-----------+---------+---------+----------+----------|| Gary Burch | 47.25p | 218,181 | 153,818 | 107.9p | 64,363 ||-------------+-----------+---------+---------+----------+----------|| David Heaps | 47.25p | 115,244 | 47,251 | 107.9p | 67,993 ||-------------+-----------+---------+---------+----------+----------|| Ken | 47.25p | 117,298 | 100,000 | 107.9p | 17,298 || Jenkinson | | | | | ||-------------+-----------+---------+---------+----------+----------|| Jacqui | 47.25p | 218,181 | 89,455 | 107.9p | 128,726 || Summons | | | | | ||-------------+-----------+---------+---------+----------+----------|| Ian | 47.25p | 101,397 | 83,906 | 107.9p | 17,491 || Watterson | | | | | |+-------------------------------------------------------------------+Share option scheme transactionsThe Company was also notified on 3 December 2009 that the followingPDMRs entered into transactions in the Company's Ordinary Shares of1p each ("Shares"), pursuant to entitlements under the Company'sshare option scheme:+-------------------------------------------------------------------+| Name | Date of | Options | Price of | Sale | *Shares || | sale | exercised | options | price | allotted || | | | (pence) | (pence) | and || | | | | | sold ||------------+----------+-----------+----------+---------+----------|| Gary Burch | 2.12.09 | 115,812 | 42.0p | 107.90p | 72,846 ||------------+----------+-----------+----------+---------+----------|| David | 30.11.09 | 166,667 | 42.0p | 100.24p | 97,822 || Heaps | | | | | ||------------+----------+-----------+----------+---------+----------|| Ken | 2.12.09 | 221,904 | 42.0p | 107.90p | 139,575 || Jenkinson | | | | | ||------------+----------+-----------+----------+---------+----------|| Jacqui | 2.12.09 | 100,000 | 42.0p | 107.90p | 62,900 || Summons | | | | | |+-------------------------------------------------------------------+*A share appreciation rights mechanism has been applied to shareoptions exercised, whereby the number of shares allotted isequivalent to the estimated net gain on the exercise. Consequently,the number of shares allotted is less than the number of shareoptions exercised.Resultant shareholdingsDirectors and PDMRs are required to build a shareholding in theCompany.Following the transactions detailed above, the PDMRs' interests inthe Company's shares, share options and LTIP awards are set outbelow:+-------------------------------------------------------------------+| Name | Number of | Percentage of | Number | Number of || | shares | issued share | of | conditional || | held | capital | options | LTIP || | | | held | awards held ||-------------+-----------+-----------------+---------+-------------|| Fred Brott | 424,900 | 0.14% | 736,417 | 440,436 ||-------------+-----------+-----------------+---------+-------------|| Gary Burch | 64,363 | 0.02% | 62,263 | 404,538 ||-------------+-----------+-----------------+---------+-------------|| David Heaps | 101,898 | 0.03% | 71,428 | 318,607 ||-------------+-----------+-----------------+---------+-------------|| Ken | 22,084 | < 0.01% | 63,821 | 241,737 || Jenkinson | | | | ||-------------+-----------+-----------------+---------+-------------|| Jacqui | 160,537 | 0.05% | 173,809 | 452,775 || Summons | | | | ||-------------+-----------+-----------------+---------+-------------|| Ian | 17,491 | < 0.01% | 224,867 | 253,577 || Watterson | | | | |+-------------------------------------------------------------------+Intec Telecom Systems PLCWells Court, Albert DriveWoking GU21 5UBFor further information contact:Caroline Speller, Company Secretary 01483 745800---END OF MESSAGE---This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 04.12.2009 - 19:13 Uhr
Sprache: Deutsch
News-ID 9315
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