1st Jun 2005 17:15
Business Post Group PLC01 June 2005 BUSINESS POST GROUP PLC 1 June 2005 Business Post Group plc ("the Company") announces the following transactions, on31 May 2005, by Directors in the Company's ordinary 10p shares ("Shares")following the exercise of options, granted on 31 May 2002 under the Company'sExecutive Share Option Scheme 2001, at 418p per share: Paul Carvell exercised options over 50,239 Shares and sold the same number ofShares at 613p per share. On the same day, Mrs Louise Carvell (spouse) sold3,275 Shares, resulting from the maturity on 1 February 2005 of one of theCompany's Sharesave schemes, at 615p per share. Following these transactions MrCarvell is interested in 35,611 Shares (0.07%). Russell Hodgson exercised options over 29,904 Shares and sold the same number ofShares at 613p per share. Mr Hodgson's interest in the Company's Shares remainsunchanged at 8,945 Shares (0.02%). In addition, on 31 May 2005 Hill Samuel Offshore Trust Company Limited ("theTrustee") purchased 50,000 Shares, at 613p per share. Following this purchase,the Trustee will hold 264,252 Shares (0.49%), all of which are held on behalf ofeligible employees pursuant to the terms of the Business Post Long TermIncentive Plan ("LTIP"). For the purposes of the Companies Act 1985 (as amended)the following directors are deemed to have an interest in the LTIP: Guy Buswell,Paul Carvell, Peter Fitzwilliam, Russell Hodgson and Alec Ross. END This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
UKM.L