Director Shareholding
May 19 2004 - 7:52AM
UK Regulatory
Parkwood Holdings plc
("The Company")
DIRECTORS' SHAREHOLDINGS
The Company was informed on 19th May 2004 of the following transactions in the
ordinary shares of 1p each in the capital of the Company ("Ordinary Shares");
On 18th May 2004 the Trustees of the A W Hewitt Family Settlement Trust
purchased 50,000 Ordinary Shares at a price of 39 pence.
On 18th May 2004, Mr A W Hewitt, Group Chairman, purchased 100,000 Ordinary
Shares at a price of 42 pence.
Following these transactions Mr. A W Hewitt's total beneficial and non
beneficial holding in the Company is 10,486,950 Ordinary Shares representing
53.5 per cent. of the Company's total issued share capital.
For further information, please contact Charles Bithell on 01772 627111.
Notes for Editors;
Parkwood Holdings plc specialises in providing outsourced service to the public
sector across England and Wales under long term contracts. Its three main areas
of operation are as follows:
* Glendale - The management of parks and open spaces for a predominantly
local authority client base. This operation is currently being expanded
into related "green" businesses under the "Think Green - Think Glendale"
strapline.
* Parkwood Leisure - The management of a diverse range of leisure facilities,
again predominantly for local authority clients. This Division is also the
operator or provider of services under most of the Group's contracts won
under the PFI/PPP procurement process.
* Parkwood Healthcare - The provision of non emergency patient transport to
NHS Trusts under the "National Ambulance Service" banner, together with the
provision of nurses on an agency basis to both NHS Trusts and the private
sector.
* Parkwood PFI Projects - The provision of PFI, PPP and other similar bids on
behalf of Joint Ventures and the Group, generating long term operating
business. This division is also responsible for the project management of
contracts on behalf of the Group's associates and JVs and management of
other funds such as the lifecycle funds associated with the project
agreements.
END
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