24th May 2005 09:13
PayPoint PLC24 May 2005 24 May 2005 Immediate Release PayPoint plc ("the Company") As a result of transactions on 20 May 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 Matching Shares awarded on Total number of Partnership and purchased on 20 May 2005 20 May 2005 at £2.30 per share Matching Shares held on 20 May 2005 at £2.30 per share Dominic Taylor 54 54 710 Tim Watkin-Rees 54 54 710 George Earle 54 54 710 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