3rd Aug 2005 08:39
Homeserve Plc03 August 2005 Homeserve Plc Purchase of Shares by Employee Trust The Homeserve Employee Trust ("the Trust") which holds shares for the benefit ofemployees, including directors and persons discharging managerialresponsibility, yesterday purchased 208,654 ordinary shares of 12.5 pence eachin the capital of the Company. This equates to 0.33% of the issued sharecapital. The average price paid was £10.513 per share. The Trust now holds 1,986,054 ordinary shares: 3.10% of the issued shares. Employee Share Award The shares purchased will be used to satisfy options granted under the Homeserveplc Deferred Bonus Plan (the "Plan"). These include shares acquired to satisfyobligations to grant awards under the Plan to the following employees who haveforgone some or all of their annual bonus payments in order to participate inthe Plan: Name Status Number of Shares Brian Whitty Director 23,542Richard Harpin Director 19,618Andrew Belk Director 9,512Ian Carlisle Director 7,609Jonathan King Person discharging managerial 7,134 responsibilityRachael Hughes* Person discharging managerial 1,469 responsibility * Miss Hughes' shares will be held on her behalf by the Trust as a bare trusteein accordance with French tax regulations. Miss Hughes now holds 6,094 ordinaryshares (or 0.01% of the issued share capital) Director's Dealings It is also announced that Mr Brian Whitty yesterday exercised options over150,000 shares at an exercise price of £3.665 and 30,000 shares at an exerciseprice of £3.775 per share (in aggregate 0.28% of shares in issue) and has soldthose shares at an average sale price of £10.513 per share. Mr Whitty now holds 58,938 ordinary shares of 12.5 pence each (0.09% of theissued share capital). This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
HSV.L