14th Dec 2005 11:59
Evolution Group PLC14 December 2005 14 December 2005 The Evolution Group Plc Notification of Transactions of Directors and Directors' Shareholdings The Evolution Group Plc (the "Company") has received notification on 13 December2005 from Evolution EBT Limited (the "Trustee") as Trustee of The EvolutionGroup Plc Employees' Share Trust (the "Trust", a discretionary trust of whichall employees of The Evolution Group Plc and its subsidiaries arebeneficiaries), that Alex Snow, Chief Executive Officer, ("Director") hadexercised options at an exercise price of 25 pence per share (the "Options")over 500,000 ordinary shares of 1p each in the capital of the Company ("Shares")on 13 December 2005, the expiration date of the Options under an individualshare option agreement dated 14 December 2000. The Trustee also notified the Company that on 13 December 2005, it had disposedof 259,428 Shares at a sale price of 135.50 pence per share on behalf of AlexSnow to cover the exercise and taxation costs of the Options transaction andthat the balance of 240,572 Shares arising from the Options exercise weretransferred to Alex Snow. As a result of the above transactions, Alex Snow has an interest in 675,297Shares of the Company, including Shares held by the Trustee for the Director.The Shares which Alex Snow now holds represent approximately 0.30% (previously0.19%) of the Company's issued share capital. For more information please contact: The Evolution Group PlcGraeme Dell, Finance Director 020 7071 4300 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
EVG.L