11th May 2007 16:01
Treasury Shares and notification of interests of directors/persons discharging managerial responsibility and connected persons pursuant to DTR 3.1.4 R(1)(a) and DTR 3.1.4 R(1)(b)
11 May 2007
Friends Provident plc announces the transfer of 8,006 treasury shares from the Treasury Shares Account to participants of the Executive Share Option Scheme and Deferred Share Plan on 11 May 2007.
In addition, the Company transferred 19,836 treasury shares on to the trustees of the Friends Provident plc Share Incentive Plan (SIP) at a price of ‚£1.9185 per share to satisfy the obligation to issue shares to SIP participants in April 2007. The Company has received notification from the following persons discharging managerial responsibility, including the executive directors of the Company, that of the 19,836 shares acquired by the trustees, they have each acquired shares through the SIP as follows:
DIRECTORSName Shares Purchased on Total number of shares held by director 8 May 2007 and Connected Persons A R G Gunn 65 105,851
OTHER PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY
Name Shares Purchased on Total number of shares held by persons 8 May 2007 discharging managerial responsibilities and Connected Persons S J Clamp 65 4,353 A P Jackson 65 8,722 R Sepe 65 11,144 J Stevens 65 10,388 P T Tunnicliffe 65 9,528
Executive directors of Friends Provident plc participating in the SIP are to be regarded as interested in 6,272 shares out of the 2,024,930 shares held by the trustees of the SIP.
Following the transfer of the above treasury shares, the issued share capital of the Company is 2,171,528,063 ordinary shares of 10p each of which 21,756,923 shares are held in treasury.
Enquiries: Gordon Ellis, Group Secretary 01306 653087
FRIENDS PROVIDENT PLCRelated Shares:
Fondul Proprietatea