Irish Life and Permanent Announcements

RNS Number : 2311I Irish Life & Permanent PLC 17 November 2008  
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    Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected 
    Persons.

This form is intended for use by an issuer to make a RIS notification required by:
• the Market Abuse Rules;
• section 53 (as extended by section 64 of the Companies Act 1990) or entered into the issuer's register in accordance with 
section 59 of the Companies Act 1990.

 1. Name of Issuer:
    Irish Life & Permanent plc

2. State whether the notification relates to:
  (i) a transaction notified in accordance with Market Abuse Rules
  (ii) a disclosure made in accordance with section 53 (as extended by section 64 of the Companies Act 1990) or entered into 
  the issuer's register in accordance with section 59 of the Companies Act 1990;
  or (iii) both (i) and (ii):
   
    (ii) Disclosure under section 53, Companies Act

3. Name of Director/Secretary/PDMR:
    Ciarán Long - (Secretary)

4. Please state whether notification relates to a person connected with the Director named in 3 and identify the connected person:
    No

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a 
    non-beneficial interest:
    Non-beneficial Interest: voting rights as a director of TSB ESOP Trustees Ltd

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares:
    Ordinary €0.32 shares

7. Name of the registered holder(s) and, if more than one, the number of shares held by each of them:
    Ciarán Long, 13,450 shares (Beneficial)
     Goodbody Trustees Ltd - GPSS, 3,179 shares (Beneficial)
    Ciarán Long, David McCarthy & Peter Fitzpatrick, 457,914 shares (Non-Beneficial)
    TSB ESOP Trustees Ltd,  2,016,072 shares (Non-Beneficial)

8. Please state the nature of the transaction and the nature and extent of the Director's interest in the transaction:
    Acquisition - Non Beneficial

9. Number of shares, debentures or financial instruments relating to shares acquired:
    222,803 Shares

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage):
    0.08%

11. Number of shares, debentures or financial instruments relating to shares disposed:
    None

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage):
    N/A

13. Price per share or value of transaction:
    €1.525 per share 

14. Date and place of transaction:
    14/11/2008 - Irish Stock Exchange, Dublin.

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken
  into account when calculating percentage):
    16,629 - Beneficial, 0.01%
    2,473,986 - Non-beneficial, 0.9%

16. Date issuer informed of transaction:
    14/11/2008

If a director has been granted options by the issuer please complete the following boxes - N/A
17. Date of grant:

18. Period during which or date on which exercisable:

19. Total amount paid (if any) for the option:

20. Description of shares or debentures involved (class, number):

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at time of exercise:

22. Total number of shares or debentures over which options held following this notification:
    75,440 (options)
    22,382 (conditional awards)
 
23. Any additional information:
    None

24. Name of contact and telephone number for queries:
     Conor Ryan +353 1 8563828

25. Name and signature of duly authorised officer of issuer responsible for making notification:
     Ciarán Long, Group Secretary

Date of notification:    17/11/2008
This information is provided by RNSThe company news service from the London Stock Exchange  END  RDSBLBDBLBBGGIS