9th Nov 2007 17:16
Terrace Hill Group PLC09 November 2007 Terrace Hill Group Plc ("Terrace Hill" or the "Company") Employee Benefit Trust The Company announces that on 9 November 2007 it received notification fromAppleby Trust (Jersey) Limited (formerly known as Bailhache Labesse TrusteesLimited) (the "Trustee") in its capacity as trustee of the Terrace Hill GroupEmployee Benefit Trust (the "Trust") that on 9 November 2007 the Trusteepurchased 200,000 ordinary shares of 2p each in the Company at a price of 68.5pence per share. The Trust now holds 325,000 ordinary shares in Terrace Hillrepresenting 0.15% of the current issued share capital of the Company. For the purposes of the Companies Act 1985 the Executive Directors of theCompany, being Robert Adair (Chairman), Philip Leech (Managing Director) and TomWalsh (Finance Director), have an interest in the shares acquired by the Trusteeas they are potential beneficiaries of the Trust. The Trust was established tofacilitate the operation of the Terrace Hill Group Performance Share Plan (the "Plan") and it is intended that the shares purchased by the Trust will be used tosatisfy awards under the Plan. For further information please contact: Miranda Kelly, Terrace Hill Group Plc Tel: 0141 332 2014David Ovens, Noble & Company Limited Tel: 0131 225 9677 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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