4th Oct 2006 16:14
Taylor Woodrow PLC04 October 2006 Taylor Woodrow plc Taylor Woodrow Employee Share Ownership Trusts Share Transfers Taylor Woodrow plc ("the Company") has been notified of the transfer on 4October 2006 of 73,866 25p ordinary shares of the Company ("Shares") by theTaylor Woodrow Employee Share Ownership Trust 1995 ("ESOT 1"). These Shares have been transferred to employees who validly exercised optionsgranted over Shares pursuant to the Taylor Woodrow Executive Share Option Plan. Where individual employee interests arising from this transaction are themselvesreportable, appropriate disclosure has been made. Following this disposal, the ESOT 1 held 2,589,838 Shares. Share Purchases The Company has also been notified that on 4 October 2006, the ESOT 1 purchased200,000 (two hundred thousand) Shares at 353.4144p per Share. Following the above purchase, the ESOT 1 holds 2,789,838 Shares. The Company has also been advised that on 4 October 2006, the Taylor WoodrowEmployee Ownership Trust 2004 ("ESOT 2") purchased 40,000 (forty thousand)Shares at 353.4144p per Share. Following the above purchase, the ESOT 2 holds 240,000 Shares. General Information The said Shares in ESOT 1 were purchased to meet future maturing options underthe Taylor Woodrow Executive Share Option Plan and Taylor WoodrowSavings-Related Share Option Schemes and the Taylor Woodrow Executive BonusPlan. The Shares in ESOT 2 were purchased to meet future maturing options underthe Taylor Woodrow Performance Share Plan and the Taylor Woodrow Deferred BonusPlan. Each of the executive directors of the Company is a potential beneficiary underboth ESOT 1 and ESOT 2 and therefore, in accordance with section 329 CompaniesAct 1985, is regarded as having a notional interest in the current holdings ofboth ESOT 1 and ESOT 2 of 2,789,838 and 240,000 Shares, respectively. Richard MorbeyGroup Company SecretaryTaylor Woodrow plc 4 October 2006. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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