2nd May 2007 14:23
Ladbrokes PLC02 May 2007 DIRECTORS' SHARE INTERESTS LADBROKES PLC ("THE COMPANY") ANNOUNCES THAT: • COMPUTERSHARE TRUSTEES (C.I.) LIMITED ("TRUSTEE"), AS TRUSTEE OF THE LADBROKES PLC SHARE OWNERSHIP TRUST ("TRUST"), ACQUIRED ON 25, 26 AND 27 APRIL 2007 A TOTAL OF 578,575 ORDINARY SHARES OF 28 1/3P EACH OF THE COMPANY ("SHARES") (REPRESENTING 0.09% OF THE ISSUED SHARE CAPITAL) AT AN AVERAGE PRICE OF 418.47P PER SHARE. THE SHARES WERE HELD SUBJECT TO THE TERMS OF THE TRUST FOR THE BENEFIT OF EMPLOYEES OF COMPANIES WITHIN THE LADBROKES GROUP OF COMPANIES ("EMPLOYEES"). 359,671 OF THE SHARES ACQUIRED WERE HELD GENERALLY FOR THE BENEFIT OF EMPLOYEES AND 218,904 OF THE SHARES WERE ALLOCATED BY THE TRUSTEE TO THE RECIPIENTS OF THE AWARD MADE ON 26 MARCH 2007 UNDER THE LADBROKES PLC EXECUTIVE DEFERRED BONUS PLAN ("DEFERRED PLAN"). MR C BELL, MR J O'REILLY, MR A S ROSS AND MR B G WALLACE, WHO ARE THE EXECUTIVE DIRECTORS OF THE COMPANY ("DIRECTORS") AND MR M J NOBLE, MR M P O'KANE AND MR B S TAKER WHO ARE THE OTHER PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMRs"), ACQUIRED (FOR THE PURPOSES OF SECTION 324 OF THE COMPANIES ACT 1985) AN INTEREST IN THE 359,671 SHARES BY REASON OF BEING EMPLOYEES. • SHARES AWARDED UNDER THE DEFERRED PLAN IN 2005 AS PART OF THE BONUSES DUE IN RESPECT OF THE 2004 FINANCIAL YEAR TO EMPLOYEES ("2005 AWARDS") VESTED ON 25 APRIL 2007 INCLUDING FOR DIRECTORS AND PDMRs AS FOLLOWS: NAME NO. OF SHARES VESTED DIRECTORS C BELL 24,503 J P O'REILLY 13,128 A S ROSS 12,398 PDMRs M J NOBLE 5,316 M P O'KANE 5,583 ON THE 25 APRIL 2007 DIRECTORS AND PDMRs SOLD SHARES AT 415.94P PER SHARE (TO ACCOUNT FOR TAX PAYABLE ON THE ABOVE VESTINGS) AS FOLLOWS: NAME NO. OF SHARES SOLD DIRECTORS C BELL 10,082 J P O'REILLY 5,402 A S ROSS 5,101 PDMRs M J NOBLE 2,188 M P O'KANE 2,298 ON THE VESTING OF THE 2005 AWARDS BY EXERCISE OF OPTION AND TRANSFER OF SHARES EACH OF THE DIRECTORS AND PDMRs CEASED TO BE INTERESTED IN 2,423 SHARES PREVIOUSLY HELD SUBJECT TO THE TERMS OF THE TRUST GENERALLY FOR THE BENEFIT OF EMPLOYEES. • ON 30 APRIL 2007 SHARES WERE AWARDED UNDER THE RESTRICTED SHARE PLAN ("RESTRICTED PLAN") TO EMPLOYEES ("2007 AWARDS") INCLUDING FOR PDMRs AS FOLLOWS: NAME NO. OF SHARES AWARDED M J NOBLE 14,584 M P O'KANE 14,584 50% OF A PARTICIPANT'S AWARD VESTS AFTER 30 APRIL 2009 ON HIS/HER ELECTION AND THE BALANCE OF THE AWARD VESTS AUTOMATICALLY ON THE VESTING DATE WHICH IS LIKELY TO BE ON OR ABOUT 30 APRIL 2010. SHARE INTERESTS UNDER THE RESTRICTED PLAN MAY NOT BE SOLD, TRANSFERRED, CHARGED OR OTHERWISE DISPOSED OF PRIOR TO VESTING. ON THE MAKING OF THE 2007 AWARDS EACH OF THE DIRECTORS AND PDMRs CEASED TO BE INTERESTED IN 365,814 SHARES PREVIOUSLY HELD SUBJECT TO THE TERMS OF THE TRUST GENERALLY FOR THE BENEFIT OF EMPLOYEES. • CONDITIONAL RIGHTS OVER SHARES GRANTED UNDER THE LADBROKES PLC PERFORMANCE SHARE PLAN ("PSP") IN 2004 BY REFERENCE TO THE COMPANY'S PERFORMANCE OVER THE THREE YEAR PERIOD ENDED 31 DECEMBER 2006 VESTED ON 25 APRIL 2007 FOR DIRECTORS AS FOLLOWS: NAME NO. OF SHARES VESTED NO. OF SHARES OVER WHICH RIGHTS HAVE LAPSED C BELL 181,404 26,748 J P O'REILLY 96,264 14,194 A S ROSS 90,917 13,404 ON 25 APRIL 2007 DIRECTORS SOLD SHARES AT 415.94P PER SHARE (TO ACCOUNT FOR TAX PAYABLE ON THE ABOVE VESTINGS) AS FOLLOWS: NAME NO. OF SHARES SOLD C BELL 74,637 J P O'REILLY 39,607 A S ROSS 37,407 FOLLOWING THESE TRANSACTIONS: • MR BELL IS BENEFICIALLY INTERESTED IN 226,104 SHARES, HAS A TOTAL INTEREST UNDER THE DEFERRED PLAN IN 44,358 SHARES AND HAS AN INTEREST IN A MAXIMUM TOTAL OF 372,555 SHARES UNDER THE PSP OVER WHICH CONDITIONAL RIGHTS HAVE BEEN GRANTED. • MR O'REILLY IS BENEFICIALLY INTERESTED IN 95,861 SHARES, HAS A TOTAL INTEREST UNDER THE DEFERRED PLAN IN 28,674 SHARES AND HAS AN INTEREST IN A MAXIMUM TOTAL OF 195,101 SHARES UNDER THE PSP OVER WHICH CONDITIONAL RIGHTS HAVE BEEN GRANTED. • MR ROSS IS BENEFICIALLY INTERESTED IN 101,246 SHARES, HAS A TOTAL INTEREST UNDER THE DEFERRED PLAN IN 13,835 SHARES AND HAS AN INTEREST IN A MAXIMUM TOTAL OF 174,230 SHARES UNDER THE PSP OVER WHICH CONDITIONAL RIGHTS HAVE BEEN GRANTED. • MR NOBLE IS BENEFICIALLY INTERESTED IN 12,095 SHARES, HAS A TOTAL INTEREST UNDER THE DEFERRED PLAN IN 8,849 SHARES AND HAS A TOTAL INTEREST UNDER THE RESTRICTED PLAN IN 14,584 SHARES. • MR O'KANE IS BENEFICIALLY INTERESTED IN 21,818 SHARES, HAS A TOTAL INTEREST UNDER THE DEFERRED PLAN IN 8,656 SHARES AND HAS A TOTAL INTEREST UNDER THE RESTRICTED PLAN IN 14,584 SHARES. • EACH OF THE DIRECTORS AND PDMRs IS INTERESTED IN 37,456 SHARES HELD SUBJECT TO THE TERMS OF THE TRUST GENERALLY FOR THE BENEFIT OF EMPLOYEES. OPTIONS ISSUED BY THE TRUST IF EXERCISED IN FULL WOULD REQUIRE THE TRUST TO TRANSFER 6,981 SHARES TO EMPLOYEES. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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