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20-Jul-2010: Director/PDMR Shareholding

Fuller, Smith & Turner P.L.C. (“Fuller’s” or the “Company”)
Long Term Investment Plan (“LTIP”)

Directors’ and Persons Dispensing Managerial Responsibility (“PDMR”)’s interests in ordinary shares of the Company

Fuller’s granted awards to Directors and PDMRs under its LTIP in July 2007. These awards included both listed “A” ordinary shares of 40p each and unquoted “B” ordinary shares of 4p each. Half the shares granted were changed to restricted awards in March 2010. On 19 July 2010, the Company’s Remuneration Committee determined that in accordance with the parameters of the Plan, 70 per cent of the initial awards would vest.

All participants shown below paid the tax on 50% of their original award in March from their own funds. The Trustee for the scheme has issued instructions to sell the shares detailed below to cover the tax due on the remaining 20% of the vested awards and in accordance with individual sale instructions received. As at the date of this announcement the share sales have not been completed so we are not in position to advise the market of the sale price obtained. We will provide an update announcement once all shares have been sold.

‘A’ Ordinary Shares of 40p








NAME Granted Vested Restricted Shares Granted Balance Before Tax To be sold for tax & NI New Shares to be released (July 2010) To be sold on behalf of individuals
Gary Anderson 2,832 1,982 1,416 566 283 283 283
Andy Bowen 2,870 2,009 1,435 574 287 287
Mike Clist 4,072 2,850 2,036 814 407 407
Mark Dally 4,120 2,884 2,060 824 618 206
*Simon Emeny 14,695 10,287 7,347 2,940 1838 1,102
*Richard Fuller 5,510 3,857 2,755 1,102 689 413
Marie Gracie 4,695 3,287 2,347 940 470 470 470
John Keeling 4,000 2,800 2,000 800 400 400
Duncan Munro 4,552 3,186 2,276 910 455 455
*John Roberts 12,140 8,498 6,070 2,428 1518 910
Colin Simpson 2,847 1,993 1,423 570 285 285
Jonathon Swaine 4,312 3,018 2,156 862 431 431 431
*Michael Turner 19,167 13,417 9,583 3,834 2397 1,437 1,437
Tim Turner (former director) 10,222 7,155 5,111 2,044 573 1,471

‘B’ Ordinary Shares of 4p







NAME Granted Vested Restricted Shares Granted New Shares to be released (July 2010)
Gary Anderson 7,080 4,956 3,540 1,416
Andy Bowen 7,175 5,023 3,587 1,436
Mike Clist 10,182 7,127 5,091 2,036
Mark Dally 10,302 7,211 5,151 2,060
*Simon Emeny 36,740 25,718 18,370 7,348
*Richard Fuller 13,777 9,644 6,888 2,756
Marie Gracie 11,740 8,218 5,870 2,348
John Keeling 10,002 7,001 5,001 2,000
Duncan Munro 11,380 7,966 5,690 2,276
*John Roberts 30,350 21,245 15,175 6,070
Colin Simpson 7,122 4,985 3,561 1,424
Jonathon Swaine 10,782 7,547 5,391 2,156
*Michael Turner 47,922 33,545 23,961 9,584
Tim Turner (former director) 25,557 17,890 12,778 5,112


The Remuneration Committee have also resolved to allow Tim Turner who retired from the board recently, pro-rata release of other existing LTIPs as of yesterday.

Enquiries: Marie Gracie
Company Secretary
0208 996 2000
20 July 2010

Enquiries:
Category: Director/PDMR Shareholding

This page was printed from the website of Fuller, Smith & Turner P.L.C at http://www.fullers.co.uk/