Media centre / News releases
News Releases
All of our press releases are formatted for online viewing and printing RSS feed available
Notification of transactions of Directors, persons discharging managerial responsibility or connected persons
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
1. Name of the issuer
Xstrata plc
2. State whether the notification relates to
(i) a transaction notified in accordance with DTR 3.1.2R; or
(ii) a disclosure made in accordance with section 793 of the Companies Act 2006
Notification relates to a transaction notified in accordance with DTR 3.1.2R
3. Name of person discharging managerial responsibilities
Thras Moraitis
4. State whether notification relates to a person connected with the person discharging managerial responsibilities named in 3.
For the transactions described in 7(i) and 7(ii), the notification is in respect of the person referred to in 3 above; and, for the transaction described in 7(iii), the notification is in respect of Morfam Limited, a connected person.
5. Description of shares (including class)
Ordinary shares of US$0.50 each (“shares”) in Xstrata plc
6. Name of registered shareholder
K.B. (C.I.) Nominees Limited.
7. State the nature of the transactions
(i) The sale of 5,031 shares for the purpose of funding tax liability on the 50% vesting of contingent shares awarded under the Long Term Incentive Plan in 2007
(ii)The sale of 8 shares on the vesting of contingent shares awarded under the Long Term Incentive Plan in 2007
(iii) The transfer of 7,206 shares, being the balance of the contingent shares vested under the Long Term Incentive Plan in 2007 to Morfam Limited, a connected person
8. Price per share of each transaction
For transactions (i) and (iii) - £11.659
For transaction (ii) - £11.84
9. Date of sale and transfers and place of transactions
For transactions (i) and (iii) – 16 March 2010, London
For transaction (ii) - 17 March 2010, London
10. Date issuer informed of transactions
18 March 2010
11. Name of contact and telephone number for queries
| Richard Elliston | Claire Divver | |||
| Telephone | 020 7968 2885 | Telephone | 020 7968 2871 | |
| Mobile | 07759 924 576 | Mobile | 07785 964 340 | |
| relliston@xstrata.com | cdivver@xstrata.com | |||
Name of duly authorised officer of issuer responsible for making notification
Richard P Elliston
Date of Notification
19 March 2010
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
1. Name of the issuer
Xstrata plc
2. State whether the notification relates to
(i) a transaction notified in accordance with DTR 3.1.2R; or
(ii) a disclosure made in accordance with section 793 of the Companies Act 2006
Notification relates to a transaction notified in accordance with DTR 3.1.2R
3. Name of director
Trevor Reid
4. State whether notification relates to a person connected with a director named in 3.
For the transactions described in 7(i) and 7(ii), the notification is in respect of the person referred to in 3 above; and, for the transaction described in 7(iii), the notification is in respect of Sandra Reid, a connected person and the Claret Trust, of which the director named in 3 is a beneficiary.
5. Description of shares (including class)
Ordinary shares of US$0.50 each (“shares”) in Xstrata plc
6. Name of registered shareholder
K.B. (C.I.) Nominees Limited
7. State the nature of the transactions
(i) The sale of 11,367 shares for the purpose of funding tax liability on the 50% vesting of contingent shares awarded under the Long Term Incentive Plan in 2007
(ii) The sale of 14 shares on the vesting of contingent shares awarded under the Long Term Incentive Plan in 2007
(iii) The transfer of 16,286 shares, being the balance of the contingent shares vested under the Long Term Incentive Plan in 2007 to Sandra Reid, a connected person, and the transfer of the said 16,286 shares from Sandra Reid to the Claret Trust, of which the director named in 3 is a beneficiary.
8. Price per share of each transaction
For transactions (i) and (iii) - £11.659
For transaction (ii) - £11.84
9. Date of sale and transfers and place of transactions
For transactions (i) and (iii) – 16 March 2010, London
For transaction (ii) - 17 March 2010, London
10. Date issuer informed of transactions
18 March 2010
11. Name of contact and telephone number for queries
| Richard Elliston | Claire Divver | |||
| Telephone | 020 7968 2885 | Telephone | 020 7968 2871 | |
| Mobile | 07759 924 576 | Mobile | 07785 964 340 | |
| relliston@xstrata.com | cdivver@xstrata.com | |||
Name of duly authorised officer of issuer responsible for making notification
Richard P Elliston
Date of Notification
19 March 2010
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
1. Name of the issuer
Xstrata plc
2. State whether the notification relates to
(i) a transaction notified in accordance with DTR 3.1.2R; or
(ii) a disclosure made in accordance with section 793 of the Companies Act 2006
Notification relates to a transaction notified in accordance with DTR 3.1.2R
3. Name of director
Mick Davis
4. State whether notification relates to a person connected with the director
For the transactions described in 7(i) and (ii), the notification is in respect of the director referred to in 3 above; and, for the transaction described in 7(iii), the notification is in respect of the Athol 3 Settlement, of which the director named in 3 is a beneficiary.
5. Description of shares (including class)
Ordinary shares of US$0.50 each (“shares”) in Xstrata plc
6. Name of registered shareholder
K.B. (C.I.) Nominees Limited.
7. State the nature of the transaction
(i) The transfer by K.B. (C.I.) Nominees Limited of beneficial interest in 1,132,821 shares (being equivalent to the final 25% tranche of an award due under the 2005 plan cycle of the Xstrata plc Added Value Incentive Plan) to be held by K.B (C.I) Nominees Limited as nominee for the director named in 3 in accordance with the Xstrata plc Added Value Incentive Plan.
(ii) The sale of 465,388 shares for the purpose of funding the tax liability.
(iii) The transfer by the director named in 3 of his beneficial interest in 667,433 shares, in accordance with the Xstrata plc Added Value Incentive Plan to Maitland Trustees Limited as trustee of the Athol 3 Settlement, of which the director named in 3 is a beneficiary.
8. Price per share
For transactions 7 (i), 7 (ii) and 7(iii) – £11.659
9. Date and place of transactions
16 March 2010 - London
10. Date issuer informed of transactions
18 March 2010
11. Name of contact and telephone number for queries
Richard Elliston |
Claire Divver | |||
| Telephone | 020 7968 2885 | Telephone | 020 7968 2871 | |
| Mobile | 07759 924 576 | Mobile | 07785 964 340 | |
| relliston@xstrata.com | cdivver@xstrata.com | |||
Name of duly authorised officer of issuer responsible for making notification
Richard P Elliston
Date of Notification
19 March 2010