For immediate release |
29 July 2009 |
WALKER GREENBANK PLC
('the Company')
Director Shareholdings
Walker Greenbank PLC (AIM: WGB), the luxury interior furnishings group whose international brands include Sanderson, Morris & Co, Harlequin and Zoffany, announces that, following the award of ordinary shares of 1p each in the Company ('Ordinary Shares') to its executive directors under its Long-Term Incentive Plan, the Company was informed on 28 July 2009 that the directors sold shares on that day, as set out below, to fund tax and National Insurance ('NI') liabilities incurred as a result of the share award. The sale price of the shares was 16.5p each.
Executive director |
No. Of Ordinary Shares vested |
No. Of Ordinary Shares sold to fund tax and NI liabilities |
No. Of Ordinary Shares retained |
John Duncan Sach |
754,052 |
309,162 |
444,890 |
David Harold Smallridge |
697,869 |
286,127 |
411,742 |
Alan Nigel Dix |
466,688 |
191,343 |
275,345 |
As a result of the above, the executive directors' current shareholdings in the Company are as follows:
Executive director |
No. of Ordinary Shares |
% of total voting rights |
John Duncan Sach |
1,054,890 |
1.84 |
David Harold Smallridge |
531,742 |
0.93 |
Alan Nigel Dix |
407,345 |
0.71 |
For further information:
Walker Greenbank PLC |
08708 300077 |
John Sach, Chief Executive |
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Alan Dix, Finance Director |
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Julian Wilson, Company Secretary |
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Arden Partners plc |
020 7398 1600 |
Christopher Hardie / Matthew Armitt |
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Buchanan Communications |
020 7466 5000 |
Mark Court / Miranda Higham |
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