Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Purchase of Shares by ESOP Trust

11th Aug 2005 11:30

UNITED BUSINESS MEDIA PLCFor immediate releasePURCHASE OF SHARES BY ESOP TRUSTThe company was notified on 10 August 2005 of dealings in its ordinary sharesof 30 5/14 pence each by the Trustee of the United Business Media EmployeeShare Ownership Trust, which is a discretionary Trust for the benefit of UKemployees (including executive directors) of the United group.Date of transaction: 10 August 2005Nature of transaction: Purchase of 471,700 shares at ‚£5.464865 per share.The shares will be used to satisfy awards under the group's share option andincentive plans.Following the above transaction, the Trustee of the ESOP Trust holds a total of2,042,330 United shares, representing 0.7% of the company's issued sharecapital. Under paragraph 2 of Schedule 13 to the Companies Act 1985, theexecutive directors are deemed to be interested in these shares.Anne SiddellCompany SecretaryENDUNITED BUSINESS MEDIA PLC

Related Shares:

UBM
FTSE 100 Latest
Value8,328.60
Change52.94