20th Apr 2006 09:41
Transfer of Shares in Satisfaction of Save As You Earn OptionsHays plc (the Company)The Company announces that on 18 April 2006, 758 ordinary shares in the Company(Shares) were transferred to employees of the Hays Group by the Hays ShareScheme Trustee Limited (the Trust) in satisfaction of options held by themunder the Hays plc UK Sharesave Scheme (the scheme).The transfer value of the aforementioned shares is as follows: - Option Price ‚£ Number of Shares Transfer Value 1.00 758 ‚£758.00 758 ‚£758.00 Following this transaction, the Trust holds 414,369 Shares.The Trust is a discretionary trust under which all employees of the Hays Groupare potential beneficiaries. Each of the Executive Directors of the Company isfor Company Act purposes regarded as interested in all of these Shares. Despitethe technical interest in all the Shares each Executive Director will only beentitled to receive from the Trust the number of Shares to which he is entitledon exercise of an option held by him under the scheme.http://www.hays-plc.com/ENDHAYS PLCRelated Shares:
Hays