15th Jun 2005 16:47
GUS PLC15 June 2005 GUS plc ("THE COMPANY") DIRECTORS' INTERESTS IN CONNECTION WITH THE GUS CO-INVESTMENT PLANS In accordance with the terms of The GUS Co-Investment Plans, the followingdirectors have opted to defer receipt of their bonus for the year ended 31 March2005 and to invest it in Ordinary shares of 25p in the Company. The resultingincreases in their interests in GUS shares and in their contingent interests inmatching shares awarded in connection with this plan are as follows: Name of Number of Ordinary Contingent interests indirector shares matching shares Now Held after Now arising Held after acquired this in respect of this on behalf acquisition director matching of director award John Peace 51,293 394,093 173,875 723,889 Terry Duddy 45,219 244,111 153,285 664,542 Don Robert 83,109 197,878 166,219 379,434 David Tyler 31,720 248,898 107,528 431,391 The purchase of the shares acquired on behalf of the directors was made on 14June 2005 at a price of 874.1886p per share; the award of the matching shares was also made on 14 June 2005 by reference to a price of 874.1886p per share. The release of these shares is deferred for three years and if the director resigns during the three-year period he will forfeit the right to the matching shares. Following this notification, there are contingent awards held by directors underthe terms of these plans in respect of 2,199,256 Ordinary shares of 25p in theCompany. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Gusbourne