5th Sep 2007 15:49
ASHTEAD GROUP PLC
INVESTMENT INCENTIVE PLAN
Following the vesting of 55,305 shares under the Company's Investment Plan, on 30 August 2007 Mr Satpal Dhaiwal has today transferred 22,301 shares at 128.5p per share to the Employee Share Option Trust in settlement of his tax liability in respect of the vesting.
Mr Dhaiwal continues to hold the balance of the vested shares and his beneficial holding is 207,516 ordinary shares (0.04% of the Company's issued share capital).
Additionally, Mr Dhaiwal conditionally holds 328,392 shares under the Company's Performance Share Plan.
Contacts:
Geoff Drabble Chief Executive 020 7726 9700
ASHTEAD GROUP PLCRelated Shares:
Ashtead Group