11th Nov 2005 17:43
11 November 2005The Board of Directors of Countrywide plc announces that the Board has todayreceived the following:-Notification of transaction by DirectorsThe Trustees of the Employee Benefit Trust have notified that on 3 November2005, the following options over ordinary 5p shares in Countrywide plc weregranted to Mr M C Nower, Group Finance Director of the Company.Date of Date of No. of Options Price per Share Scheme Grant Notification Granted 3.11.2005 11.11.2005 145,439 nilp Executive Deferred Incentive Scheme (1996) Mr Nower became entitled to these additional rights following his recentexercise of 122,500 replacement options at 158p per share granted on 18 March1999 by Countrywide Assured Group plc under the Executive Share Option Scheme(1996). These rights were to acquire 145,439 Ordinary Shares in Countrywide plcat nil cost, exercisable from 3 November 2005 to 12 May 2006. The exercise ofhis options was announced on 3 November 2005.This is an announceable occurrence because the following Directors ofCountrywide plc are included within the class of beneficiaries of the Trustalthough they have not themselves exercised any rights:Harry D HillMichael C NowerThe purchase, allocation, sale and transfer of shares are at the discretion ofthe Trustees. The Directors named were deemed to have an interest in theseshares. Their total shareholdings now amount to 1,454,438, shares, includingtheir interest in the shares held by the Trustees, representing 0.817% of theissued share capital of the Company.Director/Company SecretaryCountrywide plcENDCOUNTRYWIDE PLCRelated Shares:
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