Director Shareholding
LONDON--(BUSINESS WIRE)--Nov. 11, 2002--
ARC International PLC ("the Company")
The Company received notification today from Mourant & Co. Trustees
Limited as the trustees of the ARC International PLC Employee Benefit
Trust ("EBT") informing it that they had purchased 500,000 ordinary
shares at 26.25p per shares on the 8 November 2002 and 500,000
ordinary shares today at 27p per share. The EBT now holds 1,000,000
shares representing 0.3% of the issued ordinary share capital of the
Company.
The shares have been purchased to satisfy option awards under the
Company's share option schemes.
The announcement is made for Companies Act purposes, solely in the
interest of transparency due to the structure of the purchase
arrangements and the "potential" beneficial interests of the
employees, former employees and Directors of the trust in the event of
any residual share remaining after exercise of option grants. No
shares have been granted to Directors or senior management.
11 November 2002
WestLB Panmure Limited
*T
Short Name: Arc Intl PLC
Category Code: RDS
Sequence Number: 00001187
Time of Receipt (offset from UTC): 20021111T202033+0000
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