25th Jan 2007 16:11
Bellway PLC25 January 2007 BELLWAY PLC DIRECTOR'S SHAREHOLDINGS 25TH JANUARY 2007 The company was yesterday informed that under the terms of the Bellway plcEmployee Share Trust (1992) (an arrangement to reward directors and employees)118,544 Bellway plc 12.5p ordinary shares were yesterday transferred to thefollowing directors for a consideration of £1 per director: H C Dawe - 37,779 J K Watson - 32,163 P J Stoker - 27,160 A M Leitch - 21,442 118,544 In addition, a further 11,742 shares were transferred to another employee at thesame time for a consideration of £1. Immediately thereafter, 91,782 Bellway plc 12.5p ordinary shares were sold at aprice of £14.815 per share to Capita IRG Trustees Limited who are the Trusteesof the Bellway plc Employee Share Trust (1992) as follows: H C Dawe - 35,000 J K Watson - 13,200 P J Stoker - 22,160 A M Leitch - 21,422 91,782 In addition, a further 10,742 Bellway plc 12.5p ordinary shares were sold at aprice of £14.815 per share to Capita IRG Trustees Limited in respect of anotheremployee of the company. Following the above transactions, the number of Bellway plc 12.5p ordinaryshares which are beneficially held by each of the directors concerned is asfollows: Current Previous H C Dawe - 106,750 103,971 J K Watson - 361,733 342,770 P J Stoker - 495,000 490,000 A M Leitch - 86,000 86,000 In addition, the total number of shares held in the Bellway plc Employee ShareTrust (1992) is 255,089 (0.22%) (282,851; 0.25%). Of these, the Chairman, Mr HC Dawe and the executive directors have a beneficial interest in 204,107 (0.18%)(204,107; 0.18%) ordinary shares held under the terms of the company's deferredbonus arrangements. Under the terms of the Bellway plc (2004) Performance Share Plan, the Chairman,Mr H C Dawe and the executive directors have a potential beneficial interest inup to 291,250 (0.25%) (483,129; 0.42%) shares held in the Trust. In addition, each Bellway executive director has a potential further beneficialinterest in up to nil (0.0%) (nil; 0.0%) shares held in the Trust. The other interests of the directors remain unchanged. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Bellway