Directors' Shareholdings and Share Interests

As at 9 September 2016


Director

Type

 

 

Current holding of Ordinary Shares

Vested interests under share schemes

Unvested interests under share schemes

Ordinary Shares held pre-Rights Issue

Ordinary Shares acquired under the Rights Issue

Subject to performance conditions

Not subject to performance conditions

Christopher Miller

Ordinary Shares (1)

2,071,308

18,432,885

20,504,193

N/A

N/A

N/A

Option(2)

N/A

N/A

N/A

N/A

8,500

N/A

David Roper

Ordinary Shares (1)

1,098,239

9,027,285

10,125,813

N/A

N/A

N/A

Option(2)

N/A

N/A

N/A

N/A

8,500

N/A

Simon Peckham

Ordinary Shares (1)

1,113,882

6,896,614

8,010,496

N/A

N/A

N/A

Option(2)

N/A

N/A

N/A

N/A

8,500

N/A

Geoffrey Martin

Ordinary Shares

545,278

3,594,909

4,140,187

N/A

N/A

N/A

Option(2)

N/A

N/A

N/A

N/A

8,500

N/A

Justin Dowley

Ordinary Shares

66,239

983,821

1,050,670(3)

N/A

N/A

N/A

Liz Hewitt

Ordinary Shares

3,529

117,348

120,877

N/A

N/A

N/A

David Lis

Ordinary Shares

0

307,497

433,497(4)

N/A

N/A

N/A

 

(1) As at 9 September 2016, the interest of Christopher Miller included 8,750,000 ordinary shares held by Harris & Sheldon Investments Limited, a company which is closely associated with Christopher Miller within the meaning of Article 19(3) of the Market Abuse Regulation (2014/596/EU) (“MAR”).

As at 9 September 2016, the interest of David Roper included 305,747 ordinary shares held by Lydia Roper, a person closely associated with David Roper within the meaning of MAR.

As at 9 September 2016, the interest of Simon Peckham was held jointly with Geraldine Watson, a person closely associated with Simon Peckham within the meaning of MAR.


(2)   Each of these options are over 2012 incentive shares. Although the option can be exercised at any time, the value which may be derived from the shares acquired on exercise will be determined at the relevant “trigger date” as discussed on page 69 of the 2015 Annual Report. 2012 incentive shares acquired on or before the trigger date may be forfeited in accordance with the Company’s articles of association. The option exercise price is £1 per share, which is equal to the nominal value of those shares.


(3) Justin Dowley acquired a further 610 Ordinary Shares on 7 September 2016 in accordance with the terms of the Melrose Dividend Reinvestment Plan and pursuant to the terms of a trading plan entered into on 3 April 2013.


(4) David Lis acquired a further 126,500 Ordinary Shares on 2 September 2016.