25th Apr 2005 12:48
PayPoint PLC25 April 2005 25 April 2005 Immediate Release PayPoint plc ("the Company") As a result of transactions on 22 April 2005 by the PayPoint plc Share IncentivePlan (an Inland Revenue approved all employee share purchase plan), theexecutive directors of the Company have the following interests as a result oftheir personal participation in the Plan:- Partnership Shares Matching Shares awarded Total number of Partnership purchased on 22 April on 22 April 2005 and Matching Shares held 2005 at £2.50 per share at £2.50 per share on 22 April 2005 Dominic Taylor 50 50 602 Tim Watkin-Rees 50 50 602 George Earle 50 50 602 In accordance with the rules of the Plan these directors have been awarded theMatching Shares on the basis of one Matching Share for each Partnership Share. The beneficial ownership of the Matching Shares will pass to the directors inthree years time subject to continued employment and the retention of theunderlying Partnership Shares. -ends- This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Paypoint