28th Nov 2005 17:56
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIALRESPONSIBILITY OR CONNECTED PERSONSThis form is intended for use by an issuer to make a RIS notification requiredby 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 in block capital letters.1. Name of the issuerST IVES PLC2. 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 (asextended by section 328) of the Companies Act 1985; or(iii) both (i) and (ii)(III) BOTH (I) AND (II)3. Name of person discharging managerial responsibilities/directorWAYNE ANGSTROM DIRECTOR JOHN CHARNOCK PDMR BRIAN EDWARDS DIRECTOR DAVID EMENY PDMR MILES EMLEY DIRECTOR PAUL BRADLEY GRAY PDMR PHILIP HARRIS PDMR STEPHEN HART PDMR ANDREW LANGDALE PDMR PATRICK MARTELL DIRECTOR DAVID MCGOLPIN PDMR 4. State whether notification relates to a person connected with a persondischarging managerial responsibilities/director named in 3 and identify theconnected personNOTIFICATION IS IN RESPECT OF PERSONS NAMED IN 3 ABOVE5. Indicate whether the notification is in respect of a holding of the personreferred to in 3 or 4 above or in respect of a non-beneficial interestNOTIFICATION IS IN RESPECT OF PERSONS NAMED IN 3 ABOVE6. Description of shares (including class), debentures or derivatives orfinancial instruments relating to sharesORDINARY SHARES OF 10P EACH7. Name of registered shareholders(s) and, if more than one, the number ofshares held by each of themN/A8. State the nature of the transactionLAPSE OF NIL COST OPTIONS OVER "AWARD SHARES" AS THE PERFORMANCE CONDITIONSHAVE NOT BEEN MET. THE OPTIONS WERE GRANTED ON 26 NOVEMBER 2002 UNDER THE STIVES PLC EQUITY PARTNERSHIP PLAN ("THE EPP") FOLLOWING THE ACQUISITION OF"INVESTMENT SHARES" BY THE PARTICIPANTS. (SEE 23 FOR ADDITIONAL INFORMATION)9. Number of shares, debentures or financial instruments relating to sharesacquiredN/A10. Percentage of issued class acquired (treasury shares of that class shouldnot be taken into account when calculating percentage)N/A11. Number of shares, debentures or financial instruments relating to sharesdisposed LAPSE OF OPTION OVER NUMBER OF SHARES STATED BELOW: WAYNE ANGSTROM 80,265 JOHN CHARNOCK 798 BRIAN EDWARDS 95,574 DAVID EMENY 58,731 MILES EMLEY 79,833 PAUL BRADLEY GRAY 19,950 PHILIP HARRIS 28,800 STEPHEN HART 7,983 ANDREW LANGDALE 39,882 PATRICK MARTELL 19,959 DAVID MCGOLPIN 27,942 12. Percentage of issued class disposed (treasury shares of that class shouldnot be taken into account when calculating percentage)N/A13. Price per share or value of transactionN/A14. Date and place of transaction26 NOVEMBER 2005, LONDON15. Total holding following notification and total percentage holding followingnotification (any treasury shares should not be taken into account whencalculating percentage) TOTAL NUMBER OF EQUITY EXPRESSED AS A PERCENTAGE PARTNERSHIP PLAN SHARE OF ISSUED SHARE CAPITAL: OPTIONS HELD FOLLOWING THIS NOTIFICATION: WAYNE ANGSTROM - - JOHN CHARNOCK - - BRIAN EDWARDS - - DAVID EMENY - - MILES EMLEY - - PAUL BRADLEY GRAY 36,636 0.03% PHILIP HARRIS - - STEPHEN HART - - ANDREW LANGDALE - - PATRICK MARTELL - - DAVID MCGOLPIN - - 16. Date issuer informed of transaction28 NOVEMBER 2005 (FIRST BUSINESS DAY FOLLOWING LAPSE)If a person discharging managerial responsibilities has been granted options bythe issuer complete the following boxes17. Date of grantN/A18. Period during which or date on which it can be exercisedN/A19. Total amount paid (if any) for grant of the optionN/A20. Description of shares or debentures involved (class and number)N/A21. Exercise price (if fixed at time of grant) or indication that price is tobe fixed at the time of exerciseN/A22. Total number of shares or debentures over which options held followingnotificationN/A23. Any additional informationST IVES PLC'S ISSUED SHARE CAPITAL AS AT 28 NOVEMBER 2005 IS 103,551,005ORDINARY SHARES OF 10P.THE PERSONS NAMES IN 3 ABOVE, AS PARTICIPANTS IN THE 2002 INVITATION OF THEEPP, ACQUIRED SHARES IN ST IVES PLC ON 25 NOVEMBER 2002. FOLLOWING THEACQUISITION OF THESE "INVESTMENT SHARES" WHICH ARE HELD ON BEHALF OF THEPARTICIPANTS IN THE ST IVES PLC UK AND US EMPLOYEE BENEFIT TRUSTS ("THETRUSTS"), THE PARTICIPANTS WERE GRANTED NIL COST OPTIONS TO ACQUIRE UP TO THREE"AWARD SHARES" FOR EACH "INVESTMENT SHARE" HELD PROVIDED CERTAIN PERFORMANCECONDITIONS WERE MET. THE PERFORMANCE CONDITIONS HAVE NOT BEEN MET ANDACCORDINGLY THE OPTIONS HAVE LAPSED.THE PERSONS NAMED IN 3 ABOVE CONTINUE TO HOLD THEIR "INVESTMENT SHARES" IN THETRUSTS.ACCORDINGLY THEY ARE DEEMED TO BE DISCRETIONARY BENEFICIARIES OF THE TRUSTS ANDARE CONSEQUENTLY CONSIDERED TO BE INTERESTED IN ALL THE SHARES HELD BY THETRUSTS.24. Name of contact and telephone number for queriesPHILIP HARRIS 020 7928 8844Name and signature of duly authorised officer of issuer responsible for makingnotificationPHILIP HARRIS, COMPANY SECRETARY, ST IVES PLCDate of notification28 NOVEMBER 2005ENDST IVES PLCRelated Shares:
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