2nd Sep 2005 15:05
Greggs PLC02 September 2005 Greggs plc ("the Company") announces that, on 2 September 2005: a) Sir Michael Darrington (a director of the Company) exercised anoption held by him under the Company's Executive Share Option Scheme in respectof 8,000 ordinary shares of 20p each in the Company (0.066% of the issued sharecapital) at £17.015 per share. b) The shares required to satisfy the above option exercise weresupplied from the holding of the Company's Employee Benefit Trust, the trusteesof which include a number of directors of the Company. c) Sir Michael Darrington sold 8,000 ordinary shares of 20p each in theCompany at £45.00 per share. Notes 1. The total beneficial and non-beneficial holdings of each relevantdirector (excluding interests in share options) following this notification areas follows: Beneficial Non-beneficial Ian Gregg 144,835 (1.19%) 48,924 (0.40%) Malcolm Simpson 87,986 (0.72%) 77,525 (0.64%) Sir Michael Darrington 78,802 (0.65%) 48,924 (0.40%) 2. Both of the Executive Directors, Malcolm Simpson and Sir MichaelDarrington, have a potential beneficial interest in the 48,924 shares (0.40% ofthe issued share capital) held by the Employee Benefit Trust following thisnotification, shown above as part of their respective non-beneficial interests. 3. This announcement constitutes a single announcement of allnotifications received by the Company pursuant to the Companies Act 1985 andDisclosure Rule 3.1.2 R in respect of the transactions referred to above, all ofwhich both took place on 2 September 2005 in England and were notified to theCompany on the same date. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Greggs