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NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND CONNECTED PERSONS GKN plc (the "Company") has today been notified by the Trustee of its Employee Share Ownership Trust of the transfer of ordinary 10p shares in the Company to Persons Discharging Managerial Responsibilities ("PDMRs") under the GKN Deferred Bonus Plan ("DBP") and the GKN Profit Growth Investment Plan ("PGIP") as set out below.
Jan 4, 2009 Aer Lingus The Aer Lingus Employee Share Ownership Trust (ESOT) has had talks with Ryanair over its hostile bid for the Irish carrier.
Our plan actually keeps the Post Office in the public sector and enables Royal Mail employees to get a share in their company through a radical employee share ownership Trust, similar to the John Lewis Partnership.
4 per cent, the Aer Lingus Employee Share Ownership Trust with 12.
The Employee Share Ownership Trust will increase its holding in the company from just over 20% to 35%.
LONDON, September 2 /PRNewswire-FirstCall/ -- The Company was notified on 2 September 2005 of dealings in its Ordinary Shares of 305/14 pence each ("United Shares") by the Trustee of the United Business Media Qualifying Employee Share Ownership Trust (the "QUEST"), which is a discretionary trust for the benefit of UK employees (including executive directors) of the United Group, in connection with the exercise of SAYE options: Transactions on 2 September 2005 Total shares transferred: 5,586 109 Price per Share (p): 160.
The employee share ownership trust are expected to buy the shares.
The current, comparatively complicated, arrangements that have to be carried out to maximise the chances of a tax deduction, including the need to set up employee share ownership trusts, have put off many companies.