27th Apr 2006 18:05
Ladbrokes PLC27 April 2006 DIRECTORS' SHARE INTERESTS LADBROKES PLC ANNOUNCES: • THAT COMPUTERSHARE TRUSTEES (C.I.) LIMITED, AS TRUSTEE OF THELADBROKES PLC SHARE OWNERSHIP TRUST ("THE TRUST"), HAS RECENTLY ACQUIRED 131,839ORDINARY SHARES OF 28 1/3P OF LADBROKES PLC ("THE SHARES") (REPRESENTING0.02% OF THE ISSUED SHARE CAPITAL) AT AN AVERAGE PRICE OF 425.57P PER SHARE, ASFOLLOWS: 1. 26,322 SHARES WERE ACQUIRED ON 20 APRIL 2006 AT A PRICE OF 420.00P PER SHARE; 2. 26,112 SHARES WERE ACQUIRED ON 21 APRIL 2006 AT A PRICE OF 423.00P PER SHARE; 3. 26,104 SHARES WERE ACQUIRED ON 24 APRIL 2006 AT A PRICE OF 423.25P PER SHARE; 4. 25,620 SHARES WERE ACQUIRED ON 25 APRIL 2006 AT A PRICE OF 431.50P PER SHARE; AND 5. 27,681 SHARES WERE ACQUIRED ON 26 APRIL 2006 AT A PRICE OF 430.00P PER SHARE. 83,055 OF THE SHARES ACQUIRED ARE HELD SUBJECT TO THE TERMS OF THE TRUST FOR THEBENEFIT OF EMPLOYEES OF COMPANIES WITHIN THE LADBROKES GROUP OF COMPANIES. MR CBELL, MR J P O'REILLY, MR A S ROSS, MS R P THORNE WHO ARE ALL DIRECTORS OFLADBROKES PLC ("THE DIRECTORS") AND MR M J NOBLE AND MR M P O'KANE WHO AREPERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMRS") ACQUIRED (FOR THEPURPOSES OF SECTION 324 OF THE COMPANIES ACT 1985) AN INTEREST IN THESE SHARESBY REASON OF BEING EMPLOYEES OF LADBROKES PLC. 48,784 OF THE SHARES ACQUIRED ARE HELD BY THE TRUST AS NOMINEE TO INDIVIDUALEMPLOYEES WHO PURCHASED THEM AS QUALIFYING SHARES FOR THE PURPOSES OF THELADBROKES PLC EXECUTIVE DEFERRED BONUS PLAN - MATCHING SHARES PLAN ("THE PLAN")("QUALIFYING SHARES"). THE QUALIFYING SHARES PURCHASED BY THE DIRECTORS ANDPDMRS ARE SHOWN BELOW. • THAT ON 26 APRIL 2006 COMPUTERSHARE TRUSTEES (C.I.) LIMITED, ASTRUSTEE OF THE LADBROKES PLC SHARE OWNERSHIP TRUST ("THE TRUSTEE"), AWARDEDSHARES AND OPTIONS OVER SHARES UNDER THE PLAN ("MATCHING SHARES") TO EMPLOYEESOF COMPANIES IN THE LADBROKES GROUP OF COMPANIES INCLUDING CERTAIN OF THEDIRECTORS AND PDMRS. THE MATCHING SHARES WILL VEST AUTOMATICALLY ON THE VESTING DATE WHICH IS LIKELYTO BE ON OR ABOUT 1 APRIL 2009. MATCHING SHARE INTERESTS UNDER THE PLAN MAY NOTBE SOLD, TRANSFERRED, CHARGED OR OTHERWISE DISPOSED OF PRIOR TO THE VESTINGDATE. QUALIFYING SHARES WERE PURCHASED AND MATCHING SHARES WERE AWARDED TO THEDIRECTORS AND PDMRS AS FOLLOWS: NAME NO OF QUALIFYING SHARES PURCHASED NO OF MATCHING SHARES AWARDEDC BELL 6,446 10,926J P O'REILLY 4,938 8,369M J NOBLE 2,449 4,150M P O'KANE 599 1,016 EACH OF THE DIRECTORS AND PDMRS CEASED ON 26 APRIL 2006 TO BE INTERESTED IN86,485 SHARES PREVIOUSLY HELD SUBJECT TO THE TERMS OF THE TRUST WHICH WEREAWARDED TO CERTAIN OTHER EMPLOYEES OF COMPANIES WITHIN THE LADBROKES GROUP OFCOMPANIES. IN ADDITION TO EACH DIRECTOR'S AND PDMRS OWN INTEREST IN THE SHARES UNDER THEPLAN, EACH OF THE EXECUTIVE DIRECTORS AND PDMRS IS INTERESTED IN 74,880 SHARESHELD SUBJECT TO THE TERMS OF THE TRUST GENERALLY FOR THE BENEFIT OF EMPLOYEES OFCOMPANIES WITHIN THE LADBROKES GROUP OF COMPANIES. OPTIONS ISSUED BY THE TRUSTIF EXERCISED IN FULL WOULD REQUIRE THE TRUST TO TRANSFER 26,911 SHARES TOEMPLOYEES. • THE FOLLOWING CHANGES TO THE INTERESTS OF THE DIRECTORS AND PDMRSUNDER THE LADBROKES PLC 1978 SHARE OPTION SCHEME ("THE 1978 SCHEME") AND THELADBROKES PLC INTERNATIONAL SHARE OPTION SCHEME ("THE INTERNATIONAL SCHEME"): OPTIONS GRANTED UNDER THE 1978 OPTIONS GRANTED UNDER THE SCHEME INTERNATIONAL SCHEME NO OF SHARES NO OF SHARES C BELL - 260,170 J P O'REILLY 7,095 134,816 A S ROSS - 122,989 R P THORNE 7,095 158,467 M J NOBLE - 52,162 M P O'KANE 4,070 73,981 THE OPTIONS WERE GRANTED ON 25 APRIL 2006 AT 422.8P PER SHARE AND ARE NORMALLYEXERCISABLE BETWEEN 3 AND 10 YEARS FROM GRANT. • ON 27 APRIL 2006 MR J P O'REILLY: 1. PURCHASED A TOTAL OF 528,648 SHARES FOR A TOTAL COST OF£1,120,225.72 BY EXERCISE OF OPTIONS HELD UNDER THE INTERNATIONAL SCHEME; AND 2. SOLD 528,648 SHARES AT 427P PER SHARE. • ON 27 APRIL 2006 MR M J NOBLE: 1. PURCHASED A TOTAL OF 186,250 SHARES FOR A TOTAL COST OF £440,295BY THE EXERCISE OF OPTIONS HELD UNDER THE INTERNATIONAL SCHEME AND THE 1978OPTION SCHEME; AND 2. SOLD 186,250 SHARES AT 427P PER SHARE. FOLLOWING THESE TRANSACTIONS: • MR BELL IS BENEFICIALLY INTERESTED IN A TOTAL OF 175,044SHARES (INCLUDING 12,957 QUALIFYING SHARES AND 21,961 MATCHING SHARES HELD UNDERTHE PLAN, 34,149 SHARES HELD UNDER THE LADBROKES PLC DEFERRED BONUS PLAN ('DBS')AND 1,061 SHARES HELD IN THE LADBROKES PLC SHARE INCENTIVE PLAN ('SIP') ANDHOLDS OPTIONS TO PURCHASE 1,230,304 SHARES UNDER LADBROKES PLC' S EXECUTIVESHARE OPTION SCHEMES; • MR O'REILLY IS BENEFICIALLY INTERESTED IN A TOTAL OF 76,057SHARES (INCLUDING 8,426 QUALIFYING SHARES AND 14,281 MATCHING SHARES HELD UNDERTHE PLAN, 20,517 SHARES HELD UNDER THE DBS AND 1,061 SHARES HELD UNDER THE SIP)AND HOLDS OPTIONS TO PURCHASE 286,911 SHARES UNDER LADBROKES PLC'S EXECUTIVESHARE OPTION SCHEMES; • MR ROSS IS BENEFICIALLY INTERESTED IN A TOTAL OF 61,714SHARES (INCLUDING 3,294 QUALIFYING SHARES AND 5,583 MATCHING SHARES UNDER THEPLAN AND 12,348 SHARES UNDER THE DBS) AND HOLDS OPTIONS TO PURCHASE 629,360SHARES UNDER LADBROKES PLC'S EXECUTIVE SHARE OPTION SCHEMES; • MS THORNE HOLDS OPTIONS TO PURCHASE 165,562 SHARES UNDERLADBROKES PLC'S EXECUTIVE SHARE OPTION SCHEMES; • MR NOBLE IS BENEFICIALLY INTERESTED IN 25,714 SHARES(INCLUDING 3,861 QUALIFYING SHARES AND 6,544 MATCHING SHARES UNDER THE PLAN,8,980 SHARES UNDER THE DBS AND 1,061 SHARES UNDER THE SIP) AND HOLDS OPTIONS TOPURCHASE 150,912 SHARES UNDER THE LADBROKES PLC'S EXECUTIVE SHARE OPTIONSCHEMES; AND • MR O'KANE IS BENEFICIALLY INTERESTED IN 29,229 SHARES(INCLUDING 2,082 QUALIFYING SHARES AND 3,530 MATCHING SHARES UNDER THE PLAN,6,480 DBS SHARES AND 1,061 SHARES UNDER THE SIP) AND HOLDS OPTIONS TO PURCHASE251,591 SHARES UNDER LADBROKES PLC'S EXECUTIVE SHARE OPTION SCHEMES. 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