11th Apr 2007 17:24
Evolution Group PLC11 April 2007 The Evolution Group PlcDirectors' Interest 11 April 2007 The Evolution Group Plc (the "Company") has received notification fromEvolution EBT Limited as Trustee of The Evolution Group Plc Employees'Share Trust (the "Trust") (a discretionary trust of which all employeesof The Evolution Group Plc and its subsidiaries are beneficiaries) that 1) on 10 April 2007 150,000 ordinary shares of 1p each in the Company ("the Sale Shares") were either transferred to or sold on behalf of employees who had exercised call rights and options over ordinary shares of 1p each in the Company ("Shares") held in the Trust; and 2) on 10 April 2007 the Trust completed the purchase of 87,962 ordinary sharesof 1p each in the Company ("the Acquired Shares) in the Company at £1.539 pershare. None of the Shares referred to above were transferred to, sold on behalfof or purchased directly for any of the executive directors (the "Directors") of the Company. However, each of the Directors is a member of the class of discretionary beneficiaries of the Trust and is consequently taken to have an interest in all the Shares held in the Trust. As a consequence of the vesting of the aforementioned Sale Shares in 1) above to employees other than the Directors, the Directors have ceased to be interested in those Shares and as a consequence of the acquisition of the Acquired Shares in 2) above by the Trust the Directors are deemed to be interested in those Shares. As at 11 April 2007, the Trust held a total of 12,530,884 Shares, representing approximately 5.658 % of the Company's issued share capital at that date. For more information please contact:The Evolution Group PlcTony Lee, Group Company Secretary Tel: 0207 071 4300 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
EVG.L