29th Apr 2005 17:16
Evolution Group PLC29 April 2005 Evolution Group Plc Transaction in own shares and disclosure of directors' interest in shares The Evolution Group Plc ("the Company") announces that on 29 April 2005 itpurchased for cancellation 309,250 Ordinary 1p Shares in the Company at pricesbetween £1.54 and £1.55 per share. In addition, the Company has today received notification from Evolution EBTLimited as Trustee of The Evolution Group Plc Employees' Share Trust ("theTrust") (a discretionary trust of which all employees of The Evolution Group Plcand its subsidiaries are beneficiaries), that on 29 April 2005 183,945 Ordinary1p Shares ("Shares) were either transferred to, or sold on behalf of, employeeswho had exercised options over Shares held in the Trust. None of the Shares referred to above were transferred to or sold on behalf ofany of the executive directors (the "Directors") of the Company. However, eachof the Directors is a member of the class of discretionary beneficiaries of theTrust and is consequently taken to have an interest in all the Shares held inthe Trust. As a consequence of the vesting of the aforementioned Shares inemployees other than the Directors, the Directors have ceased to be interestedin those shares. The Trust now holds a total of 3,415,364 Shares representing approximately 1.50%of the Company's issued share capital. ENDS For more information please contact:The Evolution Group Plc (www.evolution-group.com) Graeme Dell, Finance Director 020 7071 4300 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
EVG.L