Shire plc (LSE: SHP, NASDAQ: SHPGY), the global specialty biopharmaceutical company (the “Company”) announces that it was notified on April 2, 2012 that on March 30, 2012 the Ordinary Shares (“Shares”) and American Depository Shares (“ADSs”) in the Company set out below had been awarded under the Shire Executive Annual Incentive Plan (“EAIP”) to Persons Discharging Managerial Responsibility (“PDMRs”). The Shares and ADSs were acquired on March 30, 2012, at prices of £21.11 per Share and $97.3685 per ADS, respectively.
|Type of Security||No of Shares/ADSs purchased|
|Angus Russell (Chief Executive Officer)||ADSs||2,907|
|Graham Hetherington (Chief Financial Officer)||Shares||4,552|
The awards will not normally be released to participants for three years. One ADS is equal to three Shares.
In addition, the Company was notified on April 2, 2012 of the release, on the same day, of the following Shares and ADSs awarded in 2009 under the EAIP.
|Type of Security||No of Shares/ADSs released||No of Shares/ADSs sold to satisfy tax liabilities|
|Angus Russell (Chief Executive Officer)||Shares||37,814||12,264|
|Graham Hetherington (Chief Financial Officer)||Shares||9,007||4,659|
On April 2, 2012 sufficient Shares and ADSs were sold to satisfy tax liabilities as set out above. The Shares were sold at a price of £20.14 per Share and the ADSs were sold at an average price of $97.8240 per ADS.
This notification relates to disclosures made in accordance with 3.1.4(R)(1)(a) of the Disclosure and Transparency Rules.
Deputy Company Secretary
For further information please contact:
|Eric Rojas||[email protected]||+1 781 482 0999|
|Sarah Elton-Farr||[email protected]||+44 1256 894157|
Notes to editors
Shire’s strategic goal is to become the leading specialty biopharmaceutical company that focuses on meeting the needs of the specialist physician. Shire focuses its business on attention deficit hyperactivity disorder, human genetic therapies, gastrointestinal diseases and regenerative medicine as well as opportunities in other therapeutic areas to the extent they arise through acquisitions. Shire’s in-licensing, merger and acquisition efforts are focused on products in specialist markets with strong intellectual property protection and global rights. Shire believes that a carefully selected and balanced portfolio of products with strategically aligned and relatively small-scale sales forces will deliver strong results.
For further information on Shire, please visit the Company’s website: www.shire.com.