7th Jun 2007 14:15
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).
(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.
(2) An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8,13, 14, 16, 23 and 24.
(3) An issuer making a notification in respect of options granted to a director /person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.
(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.
Please complete all relevant boxes should in block capital letters.
1. Name of the issuer 2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii) Interserve Plc (i)
3. Name of person discharging 4. State whether notification relates
managerial responsibilities/ to a person connected with a person director discharging managerial responsibilities/director named in 3 and identify the connected person Timothy Charles Jones Mrs Andrea Louise Jones (in respect of 3,200 shares only)
5. Indicate whether the notification 6. Description of shares (including
is in respect of a holding of the class), debentures or derivatives person referred to in 3 or 4 or financial instruments relating above or in respect of a to shares non-beneficial interest Holding of person stated in (3) Ordinary shares of 10p each above
7. Name of registered shareholders 8 State the nature of the transaction
(s) and, if more than one, the number of shares held by each of them Timothy Charles Jones Exercise of share options and sale of shares
9. Number of shares, debentures or 10. Percentage of issued class acquired
financial instruments relating to (treasury shares of that class shares acquired should not be taken into account when calculating percentage) 168,000 0.14%
11. Number of shares, debentures or 12. Percentage of issued class disposed
financial instruments relating to (treasury shares of that class shares disposed should not be taken into account when calculating percentage) 168,000 0.14%
13. Price per share or value of 14. Date and place of transaction transaction 501.7623p per share 6 June 2007, London 15. Total holding following 16. Date issuer informed of transaction
notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) 24,595 (0.02%) 6 June 2007
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17 Date of grant 18. Period during which or date on which it can be exercised N/A N/A
19. Total amount paid (if any) for 20. Description of shares or
grant of the option debentures involved (class and number) N/A N/A
21. Exercise price (if fixed at time 22. Total number of shares or
of grant) or indication that debentures over which options held price is to be fixed at the time following notification of exercise N/A N/A
23. Any additional information 24. Name of contact and telephone
number for queries The above transaction involves Trevor Bradbury the exercise of share options granted to Mr Jones in May 2004, 0118 932 0123 the performance conditions for which have been met in full, and the sale of the resulting shares, which funded the subscription and sale costs, Income Tax and employee and employer National Insurance payable by Mr Jones. Of the 168,000 shares sold, 3,200 shares were transferred to Mrs Jones prior to sale. Mr Jones will continue to work towards satisfying the Company's S hareholding Guidelines to build and maintain a shareholding equivalent to 100 per cent of base salary by applying an element of his annual bonus in the purchase of Company shares and retaining any shares arising from Awards under the Company's P erformance Share Plan.
Name and signature of duly authorised officer of issuer responsible for making notification
Trevor Bradbury __________________________________________________________
Date of notification 7 June 2007
INTERSERVE PLCRelated Shares:
Interserve