European Motor Hldgs PLC
09 June 2003
EUROPEAN MOTOR HOLDINGS plc (the "Company")
DIRECTORS' SHARE TRANSACTIONS
The Company announces that following the exercise of share options under the
Company's 1990 Share Option Scheme, a total of 305,000 ordinary shares of 40
pence in the Company were today allotted to various employees of the Company. Of
these shares 150,000 ordinary shares were allotted to Richard Palmer, a director
of the Company, at a price of 100 pence per share and 50,000 ordinary shares
were allotted to Ann Wilson, a director of the Company at a price of 89.5 pence
per share. As a result of this exercise there are currently 53,193,710 ordinary
shares in issue. 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 was also informed today of the following transactions in the
Company's ordinary shares of 40 pence by directors:
• Richard Palmer today sold 150,000 shares at a price of 140 pence each
• Ann Wilson today sold 50,000 shares at a price of 140 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 are now:
• Richard Palmer 510,000 shares (0.96% of the total issued share capital)
• Ann Wilson 376,606 shares (0.71% 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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