European Motor Hldgs PLC
27 January 2006
EUROPEAN MOTOR HOLDINGS plc (the "Company")
DIRECTORS' SHARE TRANSACTIONS
The Company announces that, following the exercise of share options under the
Company's 2001 Non Approved Share Option Scheme, 60,000 ordinary shares of 40
pence in the Company were allotted to Richard Palmer at a price of 93.5 pence
per share on 26 January 2006. In addition, following the exercise of share
options under the Company's 1990 Share Option Scheme, 40,000 ordinary shares
were allotted to Ann Wilson at a price of 55 pence per share on the same date.
Both individuals are directors of the Company. Application will be made at the
earliest practicable opportunity for admission of the new ordinary shares to the
Official List of the London Stock Exchange.
The Company has also been informed of the following transactions in the
Company's ordinary shares of 40 pence by directors:
• On 26 January 2006 Richard Palmer sold 60,000 shares at a price of 345
pence each
• On 26 January 2006 Ann Wilson sold 40,000 shares at a price of 345 pence
each
• On 27 January 2006 Richard Palmer purchased 4,000 shares at a price of
350 pence each and purchased 4,500 shares at a price of 351 pence each
• On 27 January 2006 Ann Wilson purchased 3,250 shares at a price of 350
pence each and purchased 2,750 shares at a price of 351 pence each
As a result of the above transactions, those directors' shareholdings, based on
the Company's increased share capital following the exercise of the above
options (being 54,447,088 shares) are now:
• Richard Palmer 590,050 shares (1.08% of the total issued share capital)
• Ann Wilson 439,206 shares (0.81% of the total issued share capital).
Ends
This information is provided by RNS
The company news service from the London Stock Exchange
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