2nd Apr 2007 14:22
St. James's Place PLC02 April 2007 St. James's Place plc ("SJP") SJP was notified on 30 March 2007 of the following changes in interests inordinary shares of 15p in SJP held by the executive Directors and PersonsDischarging Managerial Responsibility ("PDMRs") named below. Sale of shares The trustees of SJP's Deferred Bonus Scheme transferred shares to the executiveDirectors and PDMR's named below on 30 March 2004. These shares were held bySJP on behalf of the Directors and PDMR's for a restricted period, which endedon 30 March 2007. These shares are therefore no longer subject to forfeiture: Name of Director Number of shares David Bellamy 11,629Andrew Croft 15,477Ian Gascoigne 26,917Mike Wilson 60,565 Name of PDMR Number of shares Adrian Batchelor 20,188Hugh Gladman 18,169Mike Gravestock 24,495Sonia Harris 12,786David Lamb 19,515Stephen Williams 16,823 The above Directors notified SJP on 30 March 2007 that on 30 March 2007 theysold the above shares in SJP at a price of £4.504 per share, partly in order tomeet the cost of income tax arising from the awards ceasing to be subject toforfeiture. Exercise of options Mike Gravestock also notified SJP that he exercised options on 30 March 2007under the SJP Executive Share Option Scheme and sold the resulting shares asdetailed below: Name of PDMR Number of options Exercise price per Number of shares Price per share exercised share sold sold Mike Gravestock 72,000 £1.45 72,000 £4.472 The interests of the Directors and PDMR's in ordinary shares of SJP after theabove transactions are: Name of Director Beneficial Non-beneficial David Bellamy 532,012 238,100Andrew Croft 120,713Ian Gascoigne 253,850 30,000Mike Wilson 3,565,019 750,000 Name of PDMR Beneficial Non-beneficial Adrian Batchelor 81,722 21,497Hugh Gladman 130,146Mike Gravestock 103,910Sonia Harris 74,475David Lamb 214,805 3,681Stephen Williams 87,037 80,000 With the exception of the changes notified in this announcement, the Directors'interests in ordinary shares of SJP are unchanged. This notification is made in accordance with section 324 (as extended by section328) of the Companies Act 1985 and Disclosure Rule 3.1.4R(1)(a). This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
St James's Place