Corus Group plc
30 March 2007
NOTIFICATION OF TRANSACTIONS OF DIRECTORS AND OTHER PERSONS DISCHARGING MANAGERIAL RESPONSIBLITIES (“PDMR”)
The shares detailed below have vested and were released by the Corus Group Employee Share Trust to the following under the Corus Leveraged Equity Acquisition Plan (“LEAP”) on 27 March 2007.
This followed the scheme of arrangement (the “Scheme”) relating to the recommended offer for Corus by Tata Steel UK Limited at a price of 608 pence per ordinary share in cash (the “Tata Offer”) having been sanctioned by the High Court of Justice in England and Wales (the “Court”) at a hearing held on 27 March 2007.
Director/PDMR | Total | | | |
Mr P Varin | 1,935,174 | | | |
Mr D M Lloyd | 784,312 | | | |
Mr R Henstra | 504,628 | | | |
Mr A S MacDonald | 585,324 | | | |
Mr P Lormor | 482,888 | | | |
Mr J P G Wouters | 486,794 | | | |
Mr N Cunha | 254,148 | | | |
Mr R Shoylekov | 344,688 | | | |
In addition, ordinary shares held in the Corus Group Employee Share Trust for the following were also released on 27 March 2007.
Director/PDMR | Total | | | |
Mr P Varin | 347,089 | | | |
Mr D M Lloyd | 12,480 | | | |
Mr S Wouters | 17,518 | | | |
Shareholdings after this notification are as follows:
Director/PDMR | Total Shareholding after this notification |
Mr P Varin | 3,189,455 | | |
Mr D M Lloyd | 923,892 | | |
Mr R Henstra | 557,678 | | |
Mr A S MacDonald | 585,324 | | |
Mr P Lormor | 482,888 | | |
Mr J P G Wouters | 504,312 | | |
Mr N Cunha | 254,148 | | |
Mr R Shoylekov | 346,033 | | |
Capitalised terms used, but not defined, in this announcement have the same meaning as given to them in the circular posted to shareholders on 10 November 2006 (the “Scheme Document”).
Enquiries
Corus Group plc
Emma Tovey, Director, Investor Relations
Tel: +44 (0)20 7717 4514
Brunswick (PR adviser to Corus)
Kevin Byram, Partner
Tel: +44 (0)20 7396 5352
