12th Mar 2007 11:49
Director/PDMR Shareholding ARC International plc ("the Company") On 6 August 2004, the Company awarded Peter van Cuylenburg 1,000,000 shareoptions, 625,000 of which were subject to certain performance criteria. The performance criteria in relation to the third tranche of share optionsoutlined above has now been met and options over 156,250 Ordinary Shares vestedon 1 March 2007. A notice has today been received that Peter van Cuylenburg has exercised optionsover 156,250 Ordinary Shares and has sold 60,000 Ordinary Shares, representing0.04% of the issued share capital, at a price of 45 pence each. These sharesales are to cover the taxes due on the exercise of the share options. Following this disposal, Peter van Cuylenburg now holds 1,008,750 OrdinaryShares representing 0.67% of the issued share capital and no options. Contact Charles Rendell 020 8236 2815 Copyright Business Wire 2007Related Shares:
Arkle Res