Director Shareholding
April 10 2003 - 10:16AM
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 the
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
See 6) below.
4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them (if notified)
See 6) below.
5) Please state whether notification relates to a person(s) connected with the
Director named in 2 above and identify the connected person(s)
See 6) below.
6) Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non
discretionary
a) On 9 April 2003, David Riddle, Director of Exel plc, transferred 1,229
shares registered in the name of HSDL Nominees Ltd to Hilary Riddle, his
wife.
b) Mrs Riddle sold 1,229 shares on 9 April 2003 at a price of �5.6766 per
share.
c) Mrs Riddle subsequently bought 1,215 shares at a price of �5.6789 per
share. These 1,215 shares will be held in an ISA on behalf of Mrs H
Riddle under the registered name HSDL Nominees Ltd.
7) Number of shares/amount of stock acquired
Nil
8) Percentage of issued class
Not applicable
9) Number of shares/amount of stock disposed
14 shares as a result of the transactions described in 6)a) to c) above.
10) Percentage of issued class
Less than 0.00001%
11) Class of security
Ordinary shares of 27 7/9p each
12) Price per share
In relation to 6)b) above, 1,229 shares were sold at �5.6766 per share and
1,215 shares were purchased at �5.6789 per share.
13) Date of transaction
9 April 2003
14) Date company informed
9 April 2003
15) Total holding following this notification
69,222 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: 10 April 2003
END