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Share purchase by Employee Benefit Trust

2nd Dec 2010 07:00

RNS Number : 2211X
Millennium & Copthorne Hotels PLC
02 December 2010
 



 

 2 December 2010

 

 

 

 

MILLENNIUM AND COPTHORNE HOTELS PLC (THE "COMPANY")

 

EMPLOYEE BENEFIT TRUST

 

 

The Company has received notification from Nautilus Trustees Limited, as trustee of the Millennium & Copthorne Hotels plc Employee Benefit Trust 2006 (the "Trustee" and the "Trust", respectively), that between 29 and 30 November the Trustee acquired in the London market 101,049 ordinary shares in the Company at an average price of £5.281 per share. The Trustee's current holding of 101,049 shares represents 0.032% of the Company's issued share capital.

 

Mr Wong Hong Ren, A Bushnell, AH Al Zaabi, BL Low, C Harrington and L Yip, being Persons Discharging Managerial Responsibility, are deemed to have an interest in the shares acquired by the Trustee as they are potential beneficiaries of the Trust. It is intended that the shares will be used to satisfy certain awards made under the Company's Long Term Incentive Plan.

 

 

 

Adrian Bushnell

Company Secretary

 

020 7872 2444

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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