14th Dec 2006 15:45
Morgan Crucible Co PLC14 December 2006 The Morgan Crucible Company plc. The Company was informed on 13th December 2006 that the Trustees of the MorganGeneral Employee Benefit Trust ("the Trust") had acquired 1,613,586 Ordinaryshares in the capital of the Company at an average price of £2.533956 per shareto satisfy future obligations arising from provisional share awards made underThe Morgan Crucible Long Term Incentive Plan 2004 and share options grantedunder The Morgan Crucible Executive Share Option Scheme 2004. Following this purchase the Trust have advised that it holds a total of10,763,382 Ordinary shares representing 3.67% of the share capital of theCompany. The class of discretionary beneficiaries from whom the Trust holds suchshares consists of employees of the Company including executive directors, MarkRobertshaw, Kevin Dangerfield and Mark Lejman. Under the provisions of Schedule13 of the Companies Act 1985 these directors are deemed to be beneficiallyinterested in all of such shares held by the Trust. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Morgan Advanced Materials