Holding/Directors 'Sharehldng
Michael Page International PLC
2 April 2001
DEALINGS BY SUBSTANTIAL SHAREHOLDERS
1) NAME OF COMPANY
MICHAEL PAGE INTERNATIONAL PLC
2) NAME OF SHAREHOLDER HAVING A MAJOR INTEREST
CAPITAL GROUP COMPANIES INC. AND CERTAIN SUBSIDIARY UNDERTAKINGS
3) Please state whether notification indicates that it is in respect of
holding of the Shareholder named in 2 above or in respect of a
non-beneficial interest or in the case of an individual holder if it is a
holding of that person's spouse or children under the age of 18
FUNDS UNDER MANAGEMENT
4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them.
STATE STREET NOMINEES LTD - 6,165,000
CHASE NOMINEES LTD - 25,539,900
MIDLAND BANK PLC - 1,590,000
NORTRUST NOMINEES - 1,090,700
5) Number of shares/amount of stock acquired.
34,385,600
6) (9.17%) of issued Class
7) Number of shares/amount of stock disposed
N/A
8) ( N/A %) of issued Class
9) Class of security
ORDINARY SHARES
10) Date of transaction
28/3/2001
11) Date company informed
30/03/2001
12) Total holding following this notification
34,385,600
13) Total percentage holding of issued class following this notification
9.17%
14) Any additional information
N/A
15) Name of contact and telephone number for queries
DAVID WISE
01753 849335
16) Name and signature of authorised company official responsible for
making this notification
Date of Notification ...2nd April 2001.........
Letter to Michael Page International plc
29 March 2001
Michael Page International plc
39-41 Parker Street
London WC2B 5LN
United Kingdom
Re:. Section-198 Notification
Company Secretary:
Enclosed is a Section 198 Notification dated 28 March 2001.
The Capital Group Companies, Inc. ('CGC) is a holding company for several
subsidiary companies engaged in investment management business. The investment
management business is divided into two operational groups, represented by
Capital Research and Management Company ('CRMC') and Capital Group
International, Inc. ('GII'). CRMC is a U.S.- based investment adviser that
manages The American Funds Group of mutual funds. CGII is the parent company of
five companies that serve as investment managers to various institutional
clients around the globe: Capital Guardian Trust Company in the U.S., Capital
International, Inc. in the U.S. and Singapore, Capital International Limited in
the United Kingdom, Capital International S.A, in Switzerland and Capital
International K.K. in Japan. For a more complete description of our
organization, please visit our Web site at www.capgroup.com.
Neither CGC nor any of its subsidiaries own shares of your company for their
own account. Rather, the shares reported in this Notification are owned by
accounts under the discretionary investment management of one or more of the
investment management companies described above. Furthermore, CRMC and CGII
act separately from one another and from CGC in exercising investment discretion
over their managed accounts.
For the purposes of this Notification an outstanding share balance of
375,000,000 shares was used to calculate the percentages of holdings of the
relevant share capital which determine the notifiable interest. We believe this
outstanding share balance is current; however, if this number is not accurate,
please contact us as soon as possible so we may make the necessary revisions to
this Notification.
Romeo Y. Ybanez
Compliance Associate
Date: 28 March 2001
SECTION 198 NOTIFICATION
Notification of New
This Notice is given by The Capital Group Companies, Inc., on behalf of its
affiliates, including Capital Guardian Trust Company, Capital International
Limited, and Capital Research and Management Company, pursuant to Section 198 of
the Companies Act 1985.
The interest in the relevant share capital indicated below arises by virtue
of holdings attributed to the Companies (see Schedule A). These holdings form
part of funds managed on behalf of investment clients by the Companies.
Share capital to which this relates:
Ordinary Shares (375,000,000 shares outstanding)
Number of shares in which the Companies have an interest:
34,385,600
Name(s) of registered holder(s):
See Schedule B
Schedule A
As of 28 March 2001
Michael Page International plc
Number of Percent of
Shares Outstanding
The Capital Group Companies, ('CG') holdings 34,385,600 9.17%
Holdings, by CG Management Companies and
Funds:
* Capital Guardian Trust Company 8,568,700 2.28%
* Capital International Limited 16,900 0.00%
* Capital Research and Management Company 25,800,000 6.88%
* Capital Income Builder 14,800,000 3.95%
Schedule B
Schedule of holdings in Michael Page International plc
As of 28 March 2001
Capital Guardian Trust Company
Registered Name Local Shares
State Street Nominees Limited 765,000
Chase Nominees Limited 5,139,900
Midland Bank plc 1,590,000
Nortrust Nominees 1,073,800
TOTAL 8,568,700
Schedule B
Capital International Limited
Registered Name Local Shares
Nortrust Nominees 16,900
TOTAL 16,900
Capital Research and Management Company
Registered Name Local Shares
State Street Nominees Limited 5,400,000
Chase Nominees Limited 20,400,000
TOTAL 25,800,000
MICHAEL PAGE INTERNATIONAL PLC
ANNOUNCEMENT FOR RESTRICTED SHARE SCHEME
2nd APRIL 2001
On 2 April 2001, Spherion Inc. transferred to Mourant & Co. Trustees, as trustee
of the Michael Page Employee Benefit Trust ('the Trustee'), 22,500,000 ordinary
shares in Michael Page International plc ('the Company').
The Company has granted provisional allocations to 42 senior executives in the
Michael Page group, under which shares held by the Trustee will be transferred
to each executive for no cost in three years time provided that the executive is
still in employment at the date of transfer.
The following provisional allocations have been granted to executive directors.
Name of Director No. of Ordinary Shares
T. Benson 5,437,500
S. Burke 3,000,000
S. Ingham 1,593,750
C.H.Dumon 3,000,000
S. Puckett 140,625
In addition to the provisional allocations listed above, each executive director
is deemed to have a technical interest in all of the ordinary shares held by the
Trustee referred to above and in a further 5,714,286 ordinary shares acquired by
the Trustee in connection with the Initial Public Offering of shares of the
Company.
NAME: TIM WEBBER, COMPANY SECRETARY
DATE: 2 APRIL 2001