16th Jun 2005 15:17
PayPoint PLC16 June 2005 16 June 2005 Immediate Release PayPoint plc ("the Company") As a result of transactions on 16 June 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 purchased on Matching Shares awarded on Total number of Partnership and 16 June 2005 at £2.52 per share 16 June 2005 at £2.52 per Matching Shares held on 16 June share 2005 Dominic Taylor 50 50 810 Tim Watkin-Rees 50 50 810 George Earle 50 50 810 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