21st Mar 2006 15:20
Fisher (James) & Sons PLC21 March 2006 James Fisher and Sons PLC ("the Company") Director Shareholding The Company was notified on 15 March 2006 that Mr I.M.Serjent, a director of theCompany, has increased his holding of ordinary shares of 25p each in the Company('Ordinary Shares') through the exercise of options over 70,423 Ordinary Shareswith an exercise price of 142p per Ordinary Share. In order to partially fundthe exercise and subsequent tax liability Mr Serjent has today sold 50,000Ordinary Shares of 25p each in the Company at a price of 484.25p to the JamesFisher and Sons Employee Share Trust Limited ("the Trust"). The net effect of the above transactions has increased Mr Serjent's holdings bya 20,423 Ordinary Shares, representing 0.041 per cent. of the issued sharecapital of the Company. Following these transactions Mr Serjent has a beneficial interest in theCompany's issued ordinary share capital of 252,423 Ordinary Shares representing0.51 per cent of the Company's total issued share capital and the Trust hasincreased its holding to 560,237 Ordinary Shares representing 1.13 per cent. ofthe issued share capital of the Company. The Trust's holding is held against future potential allocations of OrdinaryShares under James Fisher Long Term Incentive Plan and James Fisher ShareMatching Scheme. All of the executive directors are potential beneficiariesunder these schemes. Mr Serjent retires at the forthcoming AGM on 4 May 2006. Application will be made to the London Stock Exchange and UK Listing Authorityfor 70,423 Ordinary Shares to be admitted to the Official List and to tradingpursuant to the exercise of these options. Admission is expected to occur on 24 March 2006. 21 March 2006 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
James Fisher and Sons