5th Sep 2006 11:37
5 September 20061. Notification of Transfer of Treasury SharesPursuant to sections 169A of the Companies Act 1985 and Listing rule 12.6.3, wewrite to advise you of the following transfer of shares from the CompanyTreasury CREST Account to satisfy share option exercised by Mr David BFletcher, member of the Executive Committee of the Company under the ExecutiveShare Option Scheme (1996).No. of Date of No. of No. of Option Date Scheme shares held Transfer Shares Options Price per Options in Treasury Transferred Exercised Share Granted from Treasury 6,765,392 04.09.06 50,000 50,000 198p 15/04/02 Executive Share Option Scheme (1996) Following the above transfer, Countrywide plc now holds 6,715,392 treasuryshares in total.The issued share capital of the Company (excluding shares held in treasury) nowstands at 172,542,7542. Notification of Transaction by PDMRPursuant to sections 96A and 96B of the Financial Services and Markets Act2000, we write to advise you of the following exercise of options and sale ofshares over Ordinary 5p shares in the Company in respect of Mr David BFletcher, member of the Executive Committee.a) Exercise of OptionsDate of Date of Options Price Date Exercise Notification Exercised Per Share Acquired 04/09/06 05/09/06 50,000 198p 04/09/06 No. of Ord. 5p Total Shareholding Percentage of Shares Acquired After Event Issued Share Capital 50,000 55,000 0.032% Mr Fletcher was originally granted 100,000 options at 151p per share byCountrywide Assured Group plc, now Balanus Limited, on 15 April 2002 under theExecutive Share Option Scheme (1996). On 21 May 2004, (the date the Scheme ofArrangement became effective), options were exchanged and, followingadjustment, Mr Fletcher held options over 50,000 Ordinary shares of 5p each inCountrywide plc at 198p per share. The exercise period was from 15 April 2005to 15 April 2012.b) Sale of SharesDate of Date of Name No. of Price Per Shares Sold Share Transaction Notification 04/09/06 05/09/06 David B 34,103 434.50p Fletcher The sale proceeds will be used to pay the subscription price and income taxliability on the exercise of 50,000 options at 198p per share under theExecutive Share Option Scheme (1996), details above.3. Following the above transaction, Mr Fletcher's holding in the Company hasincreased by 15,897 shares, from 5,000 to 20,897 shares, representing 0.012% ofthe issued share capital.Director/Company SecretaryCountrywide plcENDCOUNTRYWIDE PLCRelated Shares:
CWD.L