29th Dec 2006 09:32
UNITED BUSINESS MEDIA PLC
For immediate release
PURCHASE OF SHARES BY QUEST TRUST
The Company was notified on 29 December 2006 of dealings in its Ordinary Shares of 305/14 pence each ("Ordinary Shares") by the Trustee of the United Business Media Qualifying Employee Share Ownership Trust (the "QUEST"), which is a discretionary trust for the benefit of UK employees (including executive directors) of the UBM Group, in connection with the exercise of SAYE options:
Date of transaction: 28 December 2006
Nature of transaction: Purchase of 60,036 ordinary shares at 694.698859 pence per share.
The ordinary shares will be used to satisfy the exercise of options under the UBM Group's UK SAYE share option plans.
Following the above transaction, the Trustee of the QUEST holds a total of 60,036 ordinary shares, representing 0.02% of the company's issued share capital. Under paragraph 2 of Schedule 13 to the Companies Act 1985, the executive directors are deemed to be interested in these shares.
Anne Siddell
Company Secretary
UNITED BUSINESS MEDIA PLCRelated Shares:
UBM