2nd Sep 2008 13:15
James Latham plc ("James Latham" or "the Company")
Directors' dealings
James Latham plc announces that on 29 August 2008 the Trustees of the Company's SIPS Scheme allocated 5,704 ordinary 25p shares in the Company at 194 pence per share to the following Directors. In addition, on 1 September 2008 the Company's Savings Related Share Option Scheme ("SAYE") matured and the following options over 20,704 ordinary 25p shares in the Company were exercised at 151 pence per share to the following Directors:
|
Director |
SIPS Scheme allocation |
SAYE options exercised |
|
Peter Latham |
307 |
6,274 |
|
David Dunmow |
2,558 |
6,274 |
|
Chris Sutton |
177 |
1,882 |
|
Nick Latham |
2,558 |
6,274 |
|
Pippa Latham |
104 |
5,019 |
The exercise of these options was satisfied by shares held by James Latham Trustee Limited. Immediately following the exercise, Pippa Latham sold 5,019 ordinary shares to James Latham Trustee Limited at a price of 194 pence per share. Following these dealings the revised total beneficial holdings of the above Directors are as follows:
|
Director |
Revised shareholding |
Percentage of the Company's issued shares |
|
Peter Latham |
1,062,967 |
5.52% |
|
David Dunmow |
59,950 |
0.31% |
|
Chris Sutton |
12,690 |
0.07% |
|
Nick Latham |
565,114 |
2.94% |
|
Pippa Latham |
629,229 |
3.27% |
For Further Enquiries:
|
James Latham Plc |
|
|
Peter Latham, Chairman |
Tel: 01442 849 100 |
|
David Dunmow, Finance Director |
Tel: 01442 849 100 |
|
Blue Oar Securities Plc |
|
|
Jerry Keen, Corporate Broking |
Tel: 0207 448 4492 |
|
Mike Coe, Corporate Finance |
Tel: 0117 933 0020 |
Related Shares:
Latham Timber