18th Feb 2005 15:19
PayPoint PLC18 February 2005 18 February 2005 PayPoint plc ("the Company") As a result of transactions on 18 February 2005 by the PayPoint plc ShareIncentive Plan (an Inland Revenue approved all employee share purchase plan),the executive directors of the Company have the following interests as a resultof their personal participation in the Plan:- Partnership Shares Matching Shares Total number of purchased on 18 awarded on 18 Partnership and February 2005 at February 2005 at Matching Shares held on £2.52 per share £2.52 per share 18 February 2005 Dominic Taylor 50 50 404 Tim Watkin-Rees 50 50 404 George Earle 50 50 404 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