31st Jan 2005 14:01
Imperial Tobacco Group PLC31 January 2005 Notification of Directors' Interests pursuant to Companies Act 1985 Section 324(2) and Section 329. Gareth Davis, Robert Dyrbus, David Cresswell, Bruce Davidson and Frank Rogerson(together, "the Directors"). Imperial Tobacco Group PLC was today advised that the Trustees of the Company'sEmployee and Executive Benefit Trust transferred ordinary shares of 10p each inthe Company as detailed below and the Directors being potential beneficiariesunder the Trust are deemed to have disposed of a non-beneficial interest in suchshares. Date Transferred Number Transferred 31 January 2005 117,698 The above transfer was the result of the Trust transferring ordinary shares of10p each in the Company to five participant Directors in the Company's ShareMatching Scheme following the vesting of awards. These shares were previously shown as contingent rights for each Director. Name Number of shares transferred Mr Gareth Davis 44,359Mr Robert Dyrbus 27,398Mr David Cresswell 13,706Mr Bruce Davidson 17,615Dr Frank Rogerson 14,620 In addition the Trustee also advised the Company that the following Directorstransferred shares from their existing holdings in order to participate in theCompany's Share Matching Scheme. The shares will be matched with free ordinaryshares of 10 pence each over a three-year period up to a maximum ratio of one toone, subject to the Group achieving an average of three per cent real increasein earnings per share per annum over the three-year retention period. There willbe no opportunity to retest if this performance criterion is not met. Name Date of transfer Number of shares Number of Additional Resultant aggregate Shares conditionally Companies Act interests. transferred allocated Mr Gareth Davis 31 January 2005 36,059 36,059 641,196Mr Robert Dyrbus 31 January 2005 22,947 22,947 421,278Mr David Cresswell 31 January 2005 14,893 14,893 201,630Mr Bruce Davidson 31 January 2005 14,893 14,893 255,644Dr Frank Rogerson 31 January 2005 14,893 14,893 198,258 As a result of the above, the Employee and Executive Benefit Trust now holds atotal of 578,377 ordinary shares of 10p each in the Company. C DeftAssistant Company Secretary This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Imperial Brands