25th Jan 2008 09:47
Bellway PLC25 January 2008 BELLWAY PLC DIRECTOR'S SHAREHOLDINGS 25TH JANUARY 2008 The company was yesterday informed that under the terms of the Bellway plcEmployee Share Trust (1992) (an arrangement to reward directors and employees)31,972 Bellway plc 12.5p ordinary shares were yesterday transferred to thefollowing director for a consideration of £1: J K Watson - 31,972 In addition, 11,672 shares were transferred to another employee at the same timefor a consideration of £1. Immediately thereafter Mr Watson sold 13,100 Bellway plc 12.5p ordinary shareswere sold at a price of £9.0389 per share. Following the above transaction, the number of Bellway plc 12.5p ordinary shareswhich are beneficially held by Mr Watson is as follows: Current Previous J K Watson - 400,527 381,655 In addition, the total number of shares held in the Bellway plc Employee ShareTrust (1992) is 183,173 (0.16%) (226,817; 0.20%). Of these, the executivedirectors have a beneficial interest in 118,560 (0.10%) (146,896; 0.13%)ordinary shares held under the terms of the company's deferred bonusarrangements. Under the terms of the Bellway plc (2004) Performance Share Plan, the executivedirectors have a potential beneficial interest in up to 445,715 (0.39%)(445,715; 0.39%) 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. Ends This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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