20th Jul 2006 10:49
Terrace Hill Group PLC20 July 2006 Terrace Hill Group plc ("Terrace Hill" or the "Company") Employee Benefit Trust The Company announces that on 19 July 2006 it received notification fromBailhache Labesse Trustees Limited (the "Trustee") in its capacity as trustee ofthe Terrace Hill Group Employee Benefit Trust (the "Trust") that on 18 July 2006the Trustee purchased 75,000 ordinary shares of 2p each in the Company at aprice of 59 pence per share. The Trust holds 75,000 ordinary shares in TerraceHill representing 0.04% 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 (which it is intended will include awards tocertain directors of Terrace Hill). For further information please contact: Tom Walsh, Terrace Hill Group plc Tel: 020 7631 1666Alasdair Robinson, 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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