16th Jan 2007 17:02
Yell Group plc16 January 2007 Yell Group plc (the "Company") Share Purchase by Trustee to Satisfy Conditional Award of Shares Date of Transaction: 8 November 2006 Date Company Informed: 9 November 2006 On 8 November 2006, Halifax EES Trustees International Limited as Trustee of theYell Employee Benefit Trust (the "Yell Trust") acquired in the market, at anaverage price of £5.879384 per share, a total of 1,892,352 Ordinary Shares of 1peach in the Company (the "Shares"). The Shares acquired in the market will be held by the Yell Trust until they aretransferred to participants in the Company's Capital Accumulation Plan (the "Plan"). Neither of the executive directors named below is entitled to receiveany of the Shares or be granted any benefit under the Plan. The Yell Trust is a discretionary trust and all employees (including executivedirectors) of the Company are included in the class of potential beneficiaries.Therefore John Condron and John Davis, as executive directors of the Company,are deemed to be interested in the Shares, whilst they are held in the YellTrust. This interest will cease following distribution of the Shares to theparticipants in the Plan. Enquiries to: Alison Stanesby Assistant Company Secretary Tel: +44 (0) 118 960 3437 [email protected] This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
HIBU.L