6th Jan 2006 12:58
James Halstead PLC06 January 2006 JAMES HALSTEAD PLC EXERCISE OF OPTIONS AND DIRECTORS' SHAREHOLDINGS James Halstead plc ("James Halstead"or the "Company") announces that it hastoday issued 44,000 ordinary shares of 10p each ("Ordinary Shares") in respectof share options exercised under the James Halstead Group Share Option Plan(1998). The shares have been issued as a result of the exercise by Mr Geoffrey Halstead,Chairman of the Company, of the following share options: - Options over 35,000 Ordinary Shares, which were granted on 7 May 1999 at an exercise price of 202.5p per share; and - Options over 9,000 Ordinary Shares, which were granted in 25 October 2002 at an exercise price of 259.33p per share. The Company has been notified that Mr Halstead has today sold 25,800 Ordinary Shares at a price of 704p per share. Following these transactions, Mr Halstead's shareholding has increased by 18,200Ordinary Shares and he is now the beneficial owner of 1,037,845 Ordinary Shares,representing approximately 4.09 per cent. of the issued share capital of theCompany. In addition, the Company has been notified that the wife of Mr Gordon Oliver,Finance Director of the Company, has today purchased 1,000 Ordinary Shares at aprice of 704p per share. As a result, Mr Oliver is the beneficial owner of19,752 Ordinary Shares, representing approximately 0.08 per cent. of the issuedshare 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:
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