Director Shareholding
April 01 2003 - 5:59AM
UK Regulatory
SCHEDULE 11
NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS
1) Name of company
Exel plc
2) Name of director
David Riddle
3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a non-
beneficial interest or in the case of an individual holder if it is a
holding of that person's spouse or children under the age of 18 or in
respect of a non-beneficial interest
2 above
4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them (if notified)
HSDL Nominee Ltd
5) Please state whether notification relates to a person(s) connected
with the Director named in 2 above and identify the connected person(s)
Not applicable.
6) Please state the nature of the transaction. For PEP transactions
please indicate whether general/single co PEP and if discretionary/non
discretionary
On 31 March 2003, David Riddle, Director of Exel plc, exercised 2,962
options over shares under the Exel plc Savings-Related Share Option Scheme
1992.
On exercise, the shares were immediately registered in the name of HSDL Nominee
Ltd.
7) Number of shares/amount of stock acquired
2,962 shares
8) Percentage of issued class
0.001%
9) Number of shares/amount
of stock disposed
Nil shares
10) Percentage of issued class
Not applicable
11) Class of security
Ordinary shares of 27 7/9p each
12) Price per share
Options were exercised over 1,358 shares at an option price of 287p and
over
1,604 shares at an option price of 430p.
13) Date of transaction
31 March 2003
14) Date company informed
31 March 2003
15) Total holding following this notification
69,246 shares
16) Total percentage holding of issued class following this notification
0.023 %
If a director has been granted options by the company please complete the
following boxes
17) Date of grant
Not applicable
18) Period during which or date on which exercisable
Not applicable
19) Total amount paid (if any) for grant of the option
Not applicable
20) Description of shares or debentures involved: class, number
Not applicable
21) Exercise price (if fixed at time of grant) or indication that price
is to be fixed at time of exercise
Not applicable
22) Total number of shares or debentures over which options held
following this notification
Not applicable
23) Any additional information
Not applicable
24) Name of contact and telephone number for queries
Stephanie Coffey
Deputy Company Secretary
Tel: 01344 744443
25) Name and signature of authorised company official responsible for
making this notification
Stephanie Coffey
Deputy Company Secretary
Date of Notification: 1 April 2003
END