23rd Mar 2005 12:54
Devro PLC23 March 2005 DEVRO plc (the "Company") DIRECTORS' INTERESTS Devro has today been notified of the following share dealings by the undernotedDirectors of the Company (the "Directors"). The Directors have advised the Company that they have today exercised anil-price option to acquire 10p ordinary shares in the Company ("Devro Shares")under the Devro 2001 Deferred Bonus Scheme (the "Scheme") as follows: DEVRO SHARES ACQUIRED FOLLOWING DIRECTOR EXERCISE OF OPTIONGraeme Alexander 70,088Trevor Morgan 38,895John Neilson 50,448 Total 159,431 The shares in question were held by the Devro Employee Share Ownership Trust(the "ESOP"). The Directors have an interest in the ESOP as potentialbeneficiaries of the ESOP. The ESOP today transferred a total of 204,641 DevroShares comprising the above options, and options over a further 45,210 DevroShares exercised by other senior executives of the Company under the Scheme.The interest of the Directors decreased accordingly. The Directors have also today advised the Company that their interest in Devroshares has decreased following the undernoted sales, all carried out today at aprice of 127p per share: DIRECTOR NUMBER of DEVRO SHARES SOLDGraeme Alexander 28,738Trevor Morgan 70,895John Neilson 150,000 Total 249,633 Their remaining beneficial interests in Devro Shares following these sales areas follows: DIRECTOR NUMBER of DEVRO SHARESGraeme Alexander 502,992Trevor Morgan 163,051John Neilson 338,933 Signed: Date: This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
DVO.L