MAY Mapeley

    RNS Number : 9030X
  Mapeley Limited
  30 June 2008
   
    MAPELEY LIMITED

    EMPLOYEE SHARE SCHEME SALES

    Mapeley Limited announces that following the vesting of shares under the Company's share scheme, which took place on the third
anniversary of the admission of its shares to listing, 33,546 ordinary shares have been sold on behalf of a director and employees to meet
their tax and national insurance liabilities, as required under the rules of the Company's share scheme. The rules of the share scheme
require that these sales happen automatically when share awards vest in order to provide the funds to meet the employees' tax and national
insurance liabilities, which are triggered by vesting.

    As part of this sale, 12,700 ordinary shares were sold on behalf of Jamie Hopkins, chief executive officer of Mapeley. Following this
sale Mr Hopkins has an interest in 184,430 ordinary shares, representing 0.62% of the issued share capital of the Company.

    ENDS

    Date: 30 June 2008

    Contact: Nicola Perkins, Investor Relations, Mapeley
       ir@mapeley.com
      Tel: +44 (0)20 7788 1882

This information is provided by RNS
The company news service from the London Stock Exchange
 
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