ITE Group PLC ('ITE' or 'the Company')
ITE Group PLC has received notification from HBOS Employee Equity Solutions, trustees of the ITE Group PLC Employee Benefit Trust (the 'Trust'), that they have purchased a total of 2,000,000 ordinary shares in the Company at an average price of 67.5225p per share on 15 December 2008, for the purpose of satisfying exercises under the Company's employee share ownership schemes, using Trust assets.
The Directors of the Company have an interest in the above shares by virtue of them being members of the class of beneficiaries of the Trust.
Following this purchase 9,467,783 ordinary shares are held in the Trust, representing 3.82 % of the issued share capital of the Company.
Enquiries:
Russell Taylor, ITE Group plc. Tel: 020 7596 5044
Neil Jones, ITE Group plc. Tel: 020 7596 5034
Anil Gadhia, ITE Group plc. Tel: 020 7596 5024
ITE Group plc: Web site: www.ite-exhibitions.com