FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the month of September
BG Group plc
100 Thames Valley Park Drive
Reading RG6 1PT
ENGLAND
(Address of principal executive offices)
The registrant files annual reports under cover of Form 20-F. By furnishing
the information contained in this Form the reigistrant is not also furnishing
the information to the Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934.
A. Notification of Interests in Shares
1) Options Granted under the BG Group Company Share Option Scheme (CSOS)
BG Group plc has today received notification from the following Executive
Directors and PDMRs that, on 5 September 2007, they were each granted an option
under the rules of the CSOS to acquire the following Shares at a price of
GBP7.92 per Share:
Options granted under the CSOS are normally exercisable between 3 and 10 years
after the date of grant and their exercise is conditional upon the achievement
of specified performance criteria.
Name Total number of Share Total number of Share options held under all
options granted BG share option schemes after this grant
on 5 September 2007
Executive Directors
Frank 505,050 3,530,297
Chapman
William
Friedrich 376,262 2,294,449
Ashley 303,030 1,406,674
Almanza
PDMRs
Jorn Berget 214,646 657,726
Charles 99,114 450,895
Bland
Mark Carne 214,646 577,976
Peter Duffy 104,293 663,050
Stuart Fysh 214,646 697,080
Martin 214,646 688,114
Houston
Keith 21,307 68,760
Hubber
Rick 119,249 558,146
Waddell
These options are normally exercisable between 5 September 2010 and 4 September
2017.
2) Awards under the BG Group Long Term Incentive Scheme (LTIS)
BG Group plc has today also received notification from the following Executive
Directors and PDMRs that, on 5 September 2007, they were each allocated the
following Shares under the rules of the LTIS:
Name Number of Shares Total number of Shares allocated under the BG
allocated LTIS after this award
on 5 September
2007
Executive Directors
Frank Chapman 553,426 1,743,932
William
Friedrich 320,369 1,127,178
Ashley Almanza 258,016 884,909
PDMRs
Jorn Berget 199,121 705,588
Charles Bland 87,010 325,811
Mark Carne 199,121 572,248
Peter Duffy 91,557 330,358
Stuart Fysh 199,121 539,362
Martin Houston 199,121 529,230
Keith Hubber 16,810 39,914
Rick Waddell 110,624 417,091
Under normal circumstances, the Shares will not be released until after the
performance period of 3 years, commencing on 5 September 2007. The release will
be conditional upon the achievement of specified performance criteria.
The number of Shares shown is the maximum number which could be released under
the terms of the Scheme if the performance criteria were to be met in full.
Today, the Company also received notification of the awards from the trustee of
the LTIS.
3) Release of Shares under Long Term Incentive Scheme (LTIS)
BG Group plc has also received notification today from the following Executive
Directors and Persons Discharging Managerial Responsibilities (PDMRs) that, on
3 September 2007, they became entitled to the Shares set out in the table below,
as a result of the vesting of awards allocated to them under the rules of the
LTIS on 3 September 2004. Based upon the performance criteria which applied to
these awards, 75% of the original allocations have vested. In transferring these
Shares to the beneficiaries below, the trustee of the LTIS has withheld the
amount of Shares, referred to below, equivalent to the individual income tax and
NI liability arising for each of the Executive Directors and PDMRs, to be
settled by the Company through PAYE.
As a result of the above, the Executive Directors' and PDMRs' individual
interests in the Shares of BG Group plc are as follows:
Number of Number of Shares Shares Resulting Beneficial
Shares vested withheld to cover transferred Interest in Shares on 6
on 3 tax and NI on 6 September 2007 after LTIS
September liability September transfer
2007 2007
Executive Directors
Frank 562,500 230,625 331,875 768,217
Chapman*
William
Friedrich 435,000 178,350 256,650 626,770
Ashley 300,000 123,000 177,000 354,118
Almanza*
PDMRs
Charles 120,000 49,200 70,800 245,333
Bland
Peter 120,000 49,200 70,800 173,886
Duffy
Stuart 150,000 61,500 88,500 408,455
Fysh
Martin 150,000 61,500 88,500 356,515
Houston
Rick 150,000 54,675 95,325 177,566
Waddell
*4) Mr Frank Chapman & Mr Ashley Almanza (Executive Dirctors)
The Company today received notification from Mr Frank Chapman, Chief Executive,
and Mr Ashley Almanza, Chief Financial Officer, that subsequent to the transfer
of the shares referred to in 3) above, they sold BG Group plc Ordinary 10p
Shares on 6 September 2007 as detailed below. Mr Almanza further advised that he
exercised options today under the BG Group Company Share Option Scheme (CSOS)
over 204,066 Ordinary Shares of 10p each at a price of GBP2.705 per share and
over 250,000 Shares at a price of GBP3.4733 per share. He subsequently sold
290, 831 Shares at the price per share shown below.
Beneficial Shares Shares sold on 6 Resulting Beneficial Interest
Interest acquired September 2007 and in Shares
in Shares on price per share at
on which sold
5 6 on 6 September 2007 after
September September acquisition and sale of
2007 2007 shares and % of issued
capital represented
Frank 436,342 331,875 50,000 718,217
Chapman (LTIS) (GBP8.09508) (0.021%)
Ashley 177,118 177,000 200,000 317,353
Almanza (LTIS) (GBP8.1077) (0.009%)
454,066 290,831**
(CSOS) (GBP8.062575)
** Following exercise of option
5) Mr Keith Hubber (Person discharging managerial responsibility)
The Company has received notification from Mr Keith Hubber, Acting General
Counsel, that he exercised options today under the BG Group Company Share Option
Scheme over 11,737 ordinary shares of 10p each, at a price of GBP3.4733 per
share. He subsequently sold the shares at a price of GBP8.105 per share.
Mr Hubber's beneficial interests in the ordinary share capital of BG Group plc
are therefore still 6,726 shares, representing 0.0002% of the shares in issue.
B. TRANSACTION IN OWN SHARES
BG Group plc announces that it has today transferred 2,031,851 ordinary shares
to participants of its Long Term Incentive Scheme, at the direction of the
Trustee of the Scheme. The transferred shares were formerly held in Treasury.
Following the above transfer, BG Group plc holds 197,449,739 ordinary shares in
Treasury and has a total of 3,368,340,688 ordinary shares (excluding shares held
in Treasury) in issue.
6 September 2007
Website www.bg-group.com
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
BG Group plc
Date: 06 September 2007 By: ___Ben Mathews___
Ben Mathews
Company Secretary