Director Shareholding-Amendmt
August 14 2003 - 7:02AM
UK Regulatory
RNS Number:6687O
Business Post Group PLC
14 August 2003
The issuer announces that the Director Shareholding announcement made at 16:31
on 30 July 2003 under RNS no. 1561O contained incorrect totals for the
Directors' optionholdings, pursuant to a grant of options on 30 May 2003.
Additionally, the Directors' beneficial shareholdings pursuant to the LTIP
awards should have included shares transferred to spouses. A full amended
notification is reproduced below:
30 July 2003
DIRECTORS' DEALINGS
Business Post Group plc ("the Company") announces that on 29 July 2003 certain
Directors vested a portion of the ordinary 10p shares ("Shares") awarded under
the Company's Long Term Incentive Plan and announced on 30 June 2000. On the
same day the vested Shares were sold, at 445p per share, or transferred or
retained, as detailed below:
Director Shares vested Shares sold Shares Resultant % issued Shares
transferred to beneficial
spouse shareholding
P Fitzwilliam 3,910 3,333 577 5,077 0.010%
G Buswell 3,232 2,755 - 3,377 0.006%
A Ross 3,232 2,755 477 6,437 0.012%
Also, on 30 May 2003 and 30 July 2003 options to subscribe for Shares were
granted to certain Directors as follows, under the Company's Executive Share
Options Scheme ("the Scheme") as follows:
Director Options granted Options granted Resultant total
30 May 2003 30 July 2003 options held
under the
Scheme
P Carvell 54,744 - 576,090
P Fitzwilliam 32,846 30,000 124,024
G Buswell 28,101 25,667 108,634
A Ross 26,277 24,000 100,315
R Hodgson 32,846 30,000 123,094
The options were granted for #1 consideration per grant. The options granted on
30 May 2003 are exercisable between 30 May 2006 and 29 May 2013 at 411p per
Share, and the options granted on 30 July 2003 are exercisable between 30 July
2006 and 29 July 2013 at 450p per Share.
END
This information is provided by RNS
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END
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