Shire plc (LSE: SHP, NASDAQ: SHPG), (the “Company”) announces that it was notified on March 28, 2013 that on the same day the Ordinary Shares (“Shares”) and American Depository Shares (“ADSs”) of the Company, as 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 28, 2013 at prices of £19.94 per Share and $90.00 per ADS.
|Type of Security||Number of Shares/ADSs|
|Angus Russell (Chief Executive Officer)||ADSs||3,123|
|Graham Hetherington (Chief Financial Officer)||Shares||4,504|
The awards will normally be released to participants after a period of three years. One ADS is equal to three Shares.
In addition, the Company was notified on April 2, 2013 of the release of the following ADSs and Shares awarded in 2010 under the EAIP.
|Type of Security||Number of Shares/ADSs released||Number of Shares/ADSs sold to satisfy tax liabilities|
|Angus Russell (Chief Executive Officer)||ADSs||7,421||6,176|
|Graham Hetherington (Chief Financial Officer)||Shares||12,569||6,552|
On April 1 and April 2, 2013, sufficient ADSs and Shares were sold respectively, to satisfy tax liabilities as set out above. The ADSs and Shares were sold at prices of $90.9568 per ADS and £19.94 per Share.
The above transactions in Shares and ADSs took place on the London Stock Exchange and NASDAQ respectively.
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:
+1 781 482 0999
+44 1256 894157
Notes to editors
Shire enables people with life-altering conditions to lead better lives.
Through our deep understanding of patients’ needs, we develop and provide healthcare in the areas of:
as well as other symptomatic conditions treated by specialist physicians.
We aspire to imagine and lead the future of healthcare, creating value for patients, physicians, policymakers, payors and our shareholders.
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