8th Apr 2005 15:25
Hilton Group PLC08 April 2005 DIRECTORS' SHARE INTERESTS HILTON GROUP PLC ANNOUNCES: • THAT COMPUTERSHARE TRUSTEES (C.I.) LIMITED, AS TRUSTEE OF THE HILTON GROUP SHARE OWNERSHIP TRUST ("THE TRUST"), HAS RECENTLY ACQUIRED 1,717,666 ORDINARY SHARES OF HILTON GROUP PLC ("THE SHARES") (REPRESENTING 0.1% OF THE ISSUED SHARE CAPITAL) AT AN AVERAGE PRICE OF 297.77P PER SHARE, AS FOLLOWS: 1. 345,000 SHARES WERE ACQUIRED ON 4 APRIL 2005 AT A PRICE OF 296.379P PER SHARE; 2. 345,000 SHARES WERE ACQUIRED ON 5 APRIL 2005 AT A PRICE OF 296.9P PER SHARE; 3. 345,000 SHARES WERE ACQUIRED ON 6 APRIL 2005 AT A PRICE OF 298.5P PER SHARE; 4. 345,000 SHARES WERE ACQUIRED ON 7 APRIL 2005 AT A PRICE OF 297.57P PER SHARE; AND 5. 337,666 SHARES WERE ACQUIRED ON 8 APRIL 2005 AT A PRICE OF 299.52P PER SHARE. 1,088,503 OF THE SHARES ACQUIRED ARE HELD SUBJECT TO THE TERMS OF THE TRUST FORTHE BENEFIT OF EMPLOYEES OF COMPANIES WITHIN THE HILTON GROUP OF COMPANIES. MRC BELL, MR I R CARTER, MR D M C MICHELS AND MR B G WALLACE WHO ARE ALL DIRECTORSOF HILTON GROUP PLC ("THE DIRECTORS"), ACQUIRED (FOR THE PURPOSES OF SECTION 324OF THE COMPANIES ACT 1985) AN INTEREST IN THESE SHARES BY REASON OF BEINGEMPLOYEES OF HILTON GROUP PLC. 629,163 OF THE SHARES ACQUIRED ARE HELD BY THE TRUST AS NOMINEE TO INDIVIDUALEMPLOYEES WHO PURCHASED THEM AS QUALIFYING SHARES FOR THE PURPOSES OF THE HILTONGROUP EXECUTIVE DEFERRED BONUS PLAN - MATCHING SHARES PLAN ("THE PLAN") ("QUALIFYING SHARES"). THE QUALIFYING SHARES PURCHASED BY THE DIRECTORS ARE SHOWNBELOW. • THAT ON 8 APRIL 2005 COMPUTERSHARE TRUSTEES (C.I.) LIMITED, AS TRUSTEE OF THE HILTON GROUP SHARE OWNERSHIP TRUST ("THE TRUSTEE"), AWARDED SHARES AND OPTIONS OVER SHARES UNDER THE PLAN ("MATCHING SHARES") TO EMPLOYEES OF COMPANIES IN THE HILTON GROUP OF COMPANIES INCLUDING THE DIRECTORS. THE MATCHING SHARES WILL VEST AUTOMATICALLY ON THE VESTING DATE WHICH IS LIKELY TO BE ON OR ABOUT 1 APRIL 2008. MATCHING SHARE INTERESTS UNDER THE PLAN MAY NOT BE SOLD, TRANSFERRED, CHARGED OR OTHERWISE DISPOSED OF PRIOR TO THE VESTING DATE. QUALIFYING SHARES WERE PURCHASED AND MATCHING SHARES WERE AWARDED TO THE DIRECTORS AS FOLLOWS: NAME NO OF QUALIFYING NO OF MATCHING SHARES PURCHASED SHARES AWARDED C BELL 18,448 31,268 D M C MICHELS 33,582 56,914 B G WALLACE 24,234 41,074 EACH OF THE DIRECTORS CEASED ON 8 APRIL 2005 TO BE INTERESTED IN 655,247 SHARESPREVIOUSLY HELD SUBJECT TO THE TERMS OF THE TRUST WHICH WERE AWARDED TO CERTAINOTHER EMPLOYEES OF COMPANIES WITHIN THE HILTON GROUP OF COMPANIES. IN ADDITION TO EACH DIRECTOR'S OWN INTEREST IN THE SHARES UNDER THE PLAN, EACHOF THE EXECUTIVE DIRECTORS IS INTERESTED IN 2,294,839 SHARES HELD SUBJECT TO THETERMS OF THE TRUST GENERALLY FOR THE BENEFIT OF EMPLOYEES OF COMPANIES WITHINTHE HILTON GROUP OF COMPANIES. OPTIONS ISSUED BY THE TRUST IF EXERCISED IN FULLWOULD REQUIRE THE TRUST TO TRANSFER 1,666,787 SHARES TO EMPLOYEES. • THE FOLLOWING CHANGES TO THE INTERESTS OF THE DIRECTORS UNDER THECOMPANY'S 1978 SHARE OPTION SCHEME ("1978 SCHEME") AND INTERNATIONAL SHAREOPTION SCHEME ("THE INTERNATIONAL SCHEME") (TOGETHER "THE COMPANY'S EXECUTIVESHARE OPTION SCHEMES"): OPTIONS GRANTED UNDER THE 1978 OPTIONS GRANTED UNDER THE SCHEME INTERNATIONAL SCHEME NO OF SHARES NO OF SHARES C BELL 10,080 90,726I R CARTER 10,080 157,931D M C MICHELS 10,080 155,945B G WALLACE 10,080 113,215 THE OPTIONS WERE GRANTED ON 8 APRIL 2005 AT 297.6P PER SHARE AND ARE NORMALLYEXERCISABLE BETWEEN 3 AND 10 YEARS FROM GRANT. FOLLOWING THESE TRANSACTIONS: • MR BELL IS BENEFICIALLY INTERESTED IN 148,558 SHARES(INCLUDING QUALIFYING SHARES), HAS AN INTEREST IN 31,268 MATCHING SHARES UNDERTHE PLAN AND HOLDS OPTIONS TO PURCHASE 1,027,067 SHARES UNDER THE COMPANY'SEXECUTIVE SHARE OPTION SCHEMES; • MR CARTER HOLDS OPTIONS TO PURCHASE 168,011 SHARES UNDER THECOMPANY'S EXECUTIVE SHARE OPTION SCHEMES; • MR MICHELS IS BENEFICIALLY INTERESTED IN 347,705 SHARES(INCLUDING QUALIFYING SHARES), HAS AN INTEREST IN 56,914 MATCHING SHARES UNDERTHE PLAN AND HOLDS OPTIONS TO PURCHASE 1,696,577 SHARES UNDER THE COMPANY'SEXECUTIVE SHARE OPTION SCHEMES; AND • MR WALLACE IS BENEFICIALLY INTERESTED IN 119,023 SHARES(INCLUDING QUALIFYING SHARES), HAS AN INTEREST IN 47,071 MATCHING SHARES UNDERTHE PLAN AND HOLDS OPTIONS TO PURCHASE 1,724,026 SHARES UNDER THE COMPANY'SEXECUTIVE SHARE OPTION SCHEMES. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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