2nd Nov 2005 07:00
James Halstead PLC02 November 2005 James Halstead plc 2 November 2005 Exercise of options and director's dealings James Halstead plc ("James Halstead" and the "Company") announces that, on 1November 2005, it issued 70,308 10p ordinary shares in the Company ("OrdinaryShares") in respect of share options of the James Halstead Group Share OptionPlan (1998). The Company has been advised that, on 1 November 2005, Mr Mark Halstead and MrGordon Oliver, directors of the Company, exercised share options as follows: - Mr Mark Halstead exercised share options over 9,000 Ordinary Shares at 259.33 pence per share; and - Mr Gordon Oliver exercised share options over 9,000 Ordinary Shares at 259.33 pence per share. The Company has also been advised that, on 1 November 2005: - Mr Mark Halstead sold 1,948 Ordinary Shares at 697 pence per share and transferred 7,052 Ordinary Shares to his spouse, who subsequently sold 1,948 Ordinary Shares at 697 pence per share; and - Mr Gordon Oliver sold for 6,000 Ordinary Shares at 697 pence per share. Following this notification, Mr M Halstead's and Mr Oliver's respective holdings in the Company are as follows: - Mr Mark Halstead is the beneficial owner of 1,694,081 Ordinary Shares, representing approximately 6.67 per cent. of the issued share capital of the Company; and - Mr Oliver is the beneficial owner of 18,752 Ordinary Shares, representing approximately 0.07 per cent. of the issued share capital of the Company. The beneficial holdings of Mr Halstead and Mr Oliver noted above include theholdings of their respective spouses. Enquiries James Halstead plcJack WhittakerTel: 0161 767 2500 Westhouse Securities LLPTim FeatherTel: 0161 838 9140 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
James Halstead