27th Jun 2005 16:23
Punch Taverns PLC27 June 2005 27 June 2005 Punch Taverns PLC ("the Company") As a result of transactions on 27 June 2005 by the Punch Taverns PLC ShareIncentive Plan (an Inland Revenue approved all employee share purchase plan),Robert McDonald and Giles Thorley, directors of the Company, as trustees of thePlan, became the non beneficial owners of 47,258 Ordinary Shares of the Company. The executive directors of the Company have the following additional interestsas a result of their personal participation in the Plan:- Partnership Shares Matching Shares Total number of purchased on 27 June awarded on 27 June Partnership, Matching and 05 at £7.095 per 05 at £7.095 per Dividend Shares held on 27 share share June 05Giles Thorley 211 211 1015 RobertMcDonald 211 211 1015 Adrian Fawcett 211 211 1015 JonathanPaveley 211 211 1015 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. Name of contact and telephone number for queriesSusan Rudd, 01283 501750 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Punch Taverns PLC