31st Mar 2008 07:00
ITE Group PLC31 March 2008 31 March 2008 ITE Group plc Director's share dealing ITE Group plc announces that Iain Paterson, non-executive Chairman, sold 243,300Ordinary shares on Friday 28 March, at a price of 141p. An additional 48,566Ordinary shares have been transferred to his wife, Mrs. Sarah Paterson. Mr.Paterson has sold his holding in ITE Group plc for personal taxation reasonsahead of the proposed changes to the Capital Gains Tax legislation. Mr. Patersonhas given an irrevocable instruction to ITE's brokers to repurchase 100,000shares between 1 May and 10 May 2008. Following this transaction, Mr. Patersondoes not hold any shares or options in ITE Group plc's shares. ITE Group plc enters its close period on 31 March 2008 and is due to announceits interim results for the six months to 31 March 2008 on Monday 19 May 2008.Trading remains in line with the comments made at the time of the AGM on 6 March2008. - End - Enquiries: Russell Taylor - Finance Director / Acting CEO020 7596 5000 Charles Palmer / Helen Thomas - Financial Dynamics020 7831 3113 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
HYVE.L