Director/PDMR Shareholding
(Thomson Reuters ONE) - Intec Telecom Systems PLC (the "Company") Notification of Dealings in the Company's shares by executive directors and Persons Discharging Managerial Responsibility ("PDMRs") and connected personsThis notification is made in accordance with DR 3.1.4R(1)(a) and (b).LTIP transactionsThe Company was notified on 20 January 2010 that the following executivedirector entered into a transaction in the Company's ordinary shares of onepenny each on 19 January 2010 , following the exercise of vested awards underthe Company's Long Term Incentive Plan (LTIP).+------------+---------------+----------------+-------+---------------+--------+|Name | Share price at| LTIP | LTIP| Share price at| LTIP || | grant date|shares exercised| shares| sale| shares|| | | | sold| (pence)|retained|+------------+---------------+----------------+-------+---------------+--------+|Robin Taylor| 47.25p| 436,363|181,721| 113.5p| 254,642|+------------+---------------+----------------+-------+---------------+--------+Under the terms of the LTIP grant, executive directors are required to pay aprice of 1p per ordinary share,This transaction was conducted to take advantage of existing tax legislation andall the shares subject to the transaction were sold to fund the tax liabilityarising upon exercise of the award.Resultant shareholdingsFollowing the transaction detailed above, the director's interests in theCompany's shares, share options and LTIP awards are set out below:+------------+----------------+------------------+---------------+-------------+|Name |Number of shares| Percentage of| Number of| Number of|| | held| issued share| options held|unvested LTIP|| | | capital| | awards held|+------------+----------------+------------------+---------------+-------------+|Robin Taylor| 406,767| 0.13%| 54,396| 1,240,192|+------------+----------------+------------------+---------------+-------------+Enquiries:Robin Taylor, Chief Financial Officer01483 745 800[HUG#1375403]
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Datum: 20.01.2010 - 10:04 Uhr
Sprache: Deutsch
News-ID 1009135
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