22nd Nov 2006 10:30
Bellway PLC22 November 2006 BELLWAY PLC DIRECTOR'S SHAREHOLDINGS 22ND NOVEMBER 2006 The company was yesterday informed that under the terms of the Bellway plcEmployee Share Trust (1992) (an arrangement to reward directors and employees)119,690 Bellway plc 12.5p ordinary shares were yesterday transferred to thefollowing directors for a consideration of £1 per director: H C Dawe - 38,119 J K Watson - 32,384 P J Stoker - 27,455 A M Leitch - 21,732 119,690 In addition, a further 11,898 shares were transferred to another employee at thesame time for a consideration of £1. Immediately thereafter, 93,071 Bellway plc 12.5p ordinary shares were sold at aprice of £14.020625 per share as follows: H C Dawe - 34,500 J K Watson - 13,384 P J Stoker - 23,455 A M Leitch - 21,732 93,071 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 - 103,971 100,352 J K Watson - 342,770 323,770 P J Stoker - 490,000 486,000 A M Leitch - 86,000 86,000 In addition, the total number of shares held in the Bellway plc Employee ShareTrust (1992) is 285,851 (0.25%) (417,439; 0.36%). Of these, the Chairman, Mr HC Dawe and the executive directors have a beneficial interest in 204,107 (0.18%)(312,453; 0.27%) 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 483,129 (0.42%) (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:
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