Director Shareholdings

RNS Number : 2050H

Walker Greenbank PLC

24 May 2011

 



For immediate release

24 May 2011

WALKER GREENBANK PLC

("Walker Greenbank" or "the Company")

Director Shareholdings and Notifiable Interest

Walker Greenbank plc (AIM: WGB), the luxury interior furnishings group whose brands include Sanderson, Morris & Co, Harlequin and Zoffany, announces that on 23 May 2011, following the achievement of performance targets, ordinary shares of 1p each in the Company ("Ordinary Shares") vested to its executive directors under its Long-Term Incentive Plan ("LTIP"). After deduction of tax and National Insurance the number of shares awarded to each director is set out below. The closing mid-market price on 23 May 2011 was 49.25p.

Executive director	Net No. of Ordinary Shares vested
John Sach	237,735
David Smallridge	169,812
Alan Dix	136,799

As a result of the above, the number of shares in the Company in which the executive directors have an interest are as follows:

Executive director	No. of Ordinary Shares	% of total voting rights
John Sach	1,331,105	2.29
David Smallridge	729,734	1.25
Alan Dix	566,334	0.97

As a result of the award vesting the Walker Greenbank Employee Benefit Trust no longer has a notifiable interest in the Company.

For further information:

Walker Greenbank PLC	[phone]
John Sach, Chief Executive
Julian Wilson, Company Secretary
Seymour Pierce	[phone]
Mark Percy/Catherine Leftley - Nominated Adviser
Marianne Woods/Katie Ratner - Corporate Broking
Buchanan Communications	[phone]
Mark Court / Suzanne Brocks

 

END

 

 

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