Aggreko Plc — Director's Dealing 2015

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RNS Number : 0169J

Aggreko PLC

31 March 2015

Aggreko plc

Notification of Transactions of Directors, Persons Discharging Managerial Responsibility and Connected Persons

On 30 March 2015, the following conditional share awards over ordinary shares of 4 329/395 pence in the Company were made:

In accordance with the terms of his recruitment Chris Weston, an Executive Director of the Company, has been granted the following share awards, in lieu of his share awards from Centrica plc that he was obliged to forfeit when he joined Aggreko:

Number of Shares under Award               Vesting Date

63,979                                                  1 April 2016

63,979                                                  1 April 2017

The shares will be released subject to his continuing employment on vesting, or if he leaves the Company as a good leaver.

As part of the recruitment arrangements he has also been granted the following deferred share award in lieu of the annual bonus he forfeited as a result of his resignation from Centrica:

Number of Shares under Award               Vesting Date

7,736                                                    30 March 2018

No consideration was paid for the grant of the awards.

There are no performance conditions. 

Carole Cran, an Executive Director of the Company, has been granted the following deferred share award, under the Deferred Share Bonus Plan:

Number of Shares under Awards Vesting Date

4,082                                                    30 March 2018

No consideration was paid for the grant of the award. 

There are no performance conditions. 

The total number of interests held by Carole Cran and Chris Weston following these awards are as follows:

Carole Cran: 8,447 Shares owned outright, 4,082 Share Interests subject to deferral and 75,674 Share Interests subject to performance.

Chris Weston: 135,694 Share Interests subject to deferral.

This notification relates to a transaction notified in accordance with DTR 3.1.2 R.

Further information on the above share awards can be found on pages 97 and 107 of the 2014 Annual Report, available at www.aggreko.com/investors.

Peter Kennerley

Group Legal Director & Company Secretary

0141 225 5900

31 March 2015

This information is provided by RNS

The company news service from the London Stock Exchange

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