27th Jul 2005 15:23
European Motor Hldgs PLC27 July 2005 EUROPEAN MOTOR HOLDINGS plc (the "Company") DIRECTORS' SHARE TRANSACTIONS The Company announces that, following the exercise of share options under theCompany's 2001 Non Approved Share Option Scheme, 150,000 ordinary shares of 40pence in the Company were allotted to Richard Palmer at a price of 93.5 penceper share on 27 July 2005. In addition, following the exercise of share optionsunder the Company's 1990 Share Option Scheme, 100,000 ordinary shares wereallotted to Ann Wilson, at a price of 55 pence per share. Both individuals aredirectors of the Company. Application will be made at the earliest practicableopportunity for admission of the new ordinary shares to the Official List of theLondon Stock Exchange. The Company has also been informed of the following transactions in theCompany's ordinary shares of 40 pence by directors: • On 27 July 2005 Richard Palmer sold 150,000 shares at a price of 275 pence each • On 27 July 2005 Ann Wilson sold 100,000 shares at a price of 275 pence each As a result of the above transactions, those directors' shareholdings, based onthe Company's increased share capital following the exercise of the aboveoptions (being 54,252,088 shares) are now: • Richard Palmer 561,950 shares (1.04 % of the total issued share capital) • Ann Wilson 417,406 shares (0.77 % of the total issued share capital). Ends This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
European Metals Holdings