6th Oct 2006 12:54
Taylor Woodrow PLC06 October 2006 Taylor Woodrow plc Taylor Woodrow Employee Share Ownership Trusts Share Transfers Taylor Woodrow plc ("the Company") has been notified of the transfer on 5October 2006 of 22,007 25p ordinary shares of the Company ("Shares") by theTaylor Woodrow Employee Share Ownership Trust 1995 ("ESOT 1"). These Shares have been transferred to employees who validly exercised optionsgranted over Shares pursuant to the Taylor Woodrow Executive Share Option Plan. Where individual employee interests arising from this transaction are themselvesreportable, appropriate disclosure has been made. Following this disposal, the ESOT 1 held 2,767,831 Shares. Share Purchase The Company has also been notified that on 5 October 2006, the ESOT 1 purchased22,000 (twenty two thousand) Shares at 353p per Share. Following the above purchase, the ESOT 1 holds 2,789,831 Shares. General Information The said Shares in ESOT 1 were purchased to meet future maturing options underthe Taylor Woodrow Executive Share Option Plan and Taylor WoodrowSavings-Related Share Option Schemes and the Taylor Woodrow Executive BonusPlan. Each of the executive directors of the Company is a potential beneficiary underESOT 1 and therefore, in accordance with section 329 Companies Act 1985, isregarded as having a notional interest in the current holdings of ESOT 1 of2,789,831 Shares. Richard MorbeyGroup Company SecretaryTaylor Woodrow plc 6 October 2006. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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