2nd Mar 2005 16:46
Euromoney Institutional InvestorPLC02 March 2005 EUROMONEY INSTITUTIONAL INVESTOR PLC2nd March 2005 Padraic Fallon, Chairman of Euromoney Institutional Investor PLC, holds 346,268options over the ordinary shares of the Company with an exercise price of£3.54. These options will lapse unless exercised by June 19, 2005. It is MrFallon's intention to exercise these options at some time between the Company'sannouncement of its half year results on May 19, 2005, and their lapse date. Onexercise, Mr Fallon intends to retain all of the shares under option. For taxplanning reasons, Mr Fallon has today sold 285,000 ordinary shares in theCompany at a price of £4.35 in order to finance the future exercise cost. Richard Ensor, Managing Director of Euromoney Institutional Investor PLC, holds173,136 options over the ordinary shares of the Company with an exercise priceof £3.54. These options will lapse unless exercised by June 19, 2005. It is MrEnsor's intention to exercise these options at some time between the Company'sannouncement of its half year results on May 19, 2005, and their lapse date. Onexercise, Mr Ensor intends to retain all of the shares under option. For taxplanning reasons, Mr Ensor has today sold 140,000 ordinary shares in the Companyat a price of £4.35 in order to finance the future exercise cost. For further information please contact: Padraic Fallon Chairman 020 7779 8556Richard Ensor Managing Director 020 7779 8844Colin Jones Finance Director 020 7779 8666 or visit our website at: www.euromoneyplc.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
ERM.L