9th Mar 2005 16:34
Taylor Woodrow PLC09 March 2005 SCHEDULE 11 NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS 1) Name of company Taylor Woodrow plc 2) Name of director Iain Napier 3) Please state whether notification indicates that it is in respect of holdingof the shareholder named in 2 above or in respect of a non-beneficial interestor in the case of an individual holder if it is a holding of that person'sspouse or children under the age of 18 or in respect of a non-beneficialinterest Shareholder 4) Name of the registered holder(s) and, if more than one holder, the number ofshares held by each of them (if notified) John Grant (known as Iain) NAPIER 5) Please state whether notification relates to a person(s) connected with theDirector named in 2 above and identify the connected person(s) No 6) Please state the nature of the transaction. For PEP transactions pleaseindicate whether general/single co PEP and if discretionary/non discretionary Exercise of share option under the Taylor Woodrow Executive Share Option Plan.This was the first executive share option granted to Mr. Napier after he joinedthe Group on 10 January 2002 and matured on the third anniversary following itsgrant. Following the exercise of this option, the resulting 1,193,819 shareswere sold. Mr. Napier also holds unvested rights to acquire Taylor Woodrow shares,including the following: Executive options on 432,865 sharesMatching awards under the deferred bonus plan on 221,278 sharesConditional awards under the Performance Share Plan 142,857 shares 7) Number of shares/amount of stock acquired 1,193,819 8) Percentage of issued class 0.2% 9) Number of shares/amountof stock disposed 1,193,819 10) Percentage of issued class 0.2% 11) Class of security 25p ordinary shares 12) Price per shareAcquisition 178p per share (on exercise of option) Sale 300p per share 13) Date of transaction 9 March 2005 14) Date company informed 9 March 2005 15) Total holding following this notification 241,528 fully paid 25p ordinary shares. 16) Total percentage holding of issued class following this notification 0.041% If a director has been granted options by the company please complete thefollowing boxes 17) Date of grant N/A 18) Period during which or date on which exercisable N/A 19) Total amount paid (if any) for grant of the option N/A 20) Description of shares or debentures involved: class, number N/A 21) Exercise price (if fixed at time of grant) or indication that priceis to be fixed at time of exercise N/A 22) Total number of shares or debentures over which options heldfollowing this notification N/A 23) Any additional information N/A 24) Name of contact and telephone number for queries Richard Morbey0121 600 8540 25) Name and signature of authorised company official responsible formaking this notification Richard MorbeyGroup Company Secretary Date of Notification 9 March 2005 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Taylor Wimpey