ITE Group PLC
31 March 2008
31 March 2008
ITE Group plc
Director's share dealing
ITE Group plc announces that Iain Paterson, non-executive Chairman, sold 243,300
Ordinary shares on Friday 28 March, at a price of 141p. An additional 48,566
Ordinary shares have been transferred to his wife, Mrs. Sarah Paterson. Mr.
Paterson has sold his holding in ITE Group plc for personal taxation reasons
ahead of the proposed changes to the Capital Gains Tax legislation. Mr. Paterson
has given an irrevocable instruction to ITE's brokers to repurchase 100,000
shares between 1 May and 10 May 2008. Following this transaction, Mr. Paterson
does not hold any shares or options in ITE Group plc's shares.
ITE Group plc enters its close period on 31 March 2008 and is due to announce
its interim results for the six months to 31 March 2008 on Monday 19 May 2008.
Trading remains in line with the comments made at the time of the AGM on 6 March
2008.
- End -
Enquiries:
Russell Taylor - Finance Director / Acting CEO
020 7596 5000
Charles Palmer / Helen Thomas - Financial Dynamics
020 7831 3113
This information is provided by RNS
The company news service from the London Stock Exchange
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