Director Shareholding
07 Julho 2003 - 11:53AM
UK Regulatory
RNS Number:2494N
Marlborough Stirling PLC
07 July 2003
For immediate release 7th July 2003
Marlborough Stirling plc
Directors' shareholdings
Since the flotation of the company, the beneficial shareholdings of Huw Evans,
David Gales and Christopher Ryland, all directors of the company, have been
disclosed on the basis of including in each director's shareholding
approximately one third of the 5,492,000 shares held by a trust, the JM Deane
1999 Settlement.
This was because it had been anticipated that if the shares in the trust were
distributed, they would be transferred in equal amounts to Huw Evans, David
Gales and Christopher Ryland although the beneficiaries of the trust potentially
included all employees of the group.
The company has been informed that the trustees of the JM Deane 1999 Settlement
have now appointed 90% of the shares in the trust (4,942,800 shares) to another
trust in which each of the aforementioned directors continue to be potentially
interested. It is expected that the remaining 10% of the shares (549,200 shares)
will be retained by the JM Deane 1999 Settlement for the benefit of employees of
the group other than the three directors.
As a result of the arrangements outlined above, that did not involve any value
being realised by the relevant directors, the underlying beneficial
shareholdings of Huw Evans, David Gales and Christopher Ryland have changed as
set out below.
Director Previous shareholding New shareholding
Number of shares % Number of shares %
Huw Evans 17,586,389 7.8 17,403,322 7.6
David Gales 17,395,710 7.7 17,212,643 7.6
Christopher Ryland 17,586,389 7.8 17,403,323 7.7
The full disclosures relating to the changes in shareholdings set out above, set
out as required by Schedule 11 to the Listing Rules of the UK Listing Authority,
are detailed below.
No changes in other executive directors' shareholdings are detailed in this
announcement although it should be noted that, as employees of the group, they
are all potential beneficiaries of the remaining 549,200 shares held by the JM
Deane 1999 Settlement.
NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS
All relevant boxes should be completed in block capital letters.
1. Name of company 2. Name of director
MARLBOROUGH STIRLING PLC HUW EVANS
3. Please state whether notification indicates 4. Name of the registered holder(s) and, if more than
that it is in respect of holding of the one holder, the number of shares held by each of
shareholder named in 2 above or in respect of them (if notified)
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 or in respect of an non-beneficial interest JM DEANE 1999 SETTLEMENT
HUW EVANS
5. Please state whether notification relates to a 6. Please state the nature of the transaction. For PEP
person(s) connected with the director named in transactions please indicate whether general/single
2 above and identify the connected person(s) co PEP and if discretionary/non discretionary /non
discretionary
n/a
TRANSFER OF SHARES FROM JM DEANE 1999 SETTLEMENT TO
A NEW TRUST IN WHICH THE DIRECTOR IS A BENEFICIARY
7. Number of shares/ 8. Percentage of issued 9. Number of shares/ 10. Percentage of issued
amount of stock class amount of stock class
acquired disposed
1,647,600 1,830,667
0.7%
0.8%
11. Class of security 12. Price per share 13. Date of transaction 14. Date company informed
1P ORDINARY n/a 5TH JULY 2003 7TH JULY 2003
15. Total holding following this notification 16. Total percentage holding of issued class following
this notification
17,403,322
7.7%
If a director has been granted options by the company please complete the following boxes.
17. Date of grant 18. Period during which or date on which exercisable
n/a n/a
19. Total amount paid (if any) for grant of the 20. Description of shares or debentures involved: class,
option number
n/a n/a
21. Exercise price (if fixed at time of grant) or 22. Total number of shares or debentures over which
indication that price is to be fixed at time options held following this notification
of exercise
n/a
n/a
23. Any additional information 24. Name of contact and telephone number for queries
n/a Julie Nevin, Company Secretarial Assistant - 01242
547568
25. Name and signature of authorised company official responsible for making this notification
Andrew Fritchie, Company Secretary
Date of notification 7th July 2003
NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS
All relevant boxes should be completed in block capital letters.
1. Name of company 2. Name of director
MARLBOROUGH STIRLING PLC CHRISTOPHER RYLAND
3. Please state whether notification indicates 4. Name of the registered holder(s) and, if more than
that it is in respect of holding of the one holder, the number of shares held by each of
shareholder named in 2 above or in respect of them (if notified)
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 or in respect of an non-beneficial interest JM DEANE 1999 SETTLEMENT
CHRISTOPHER RYLAND
5. Please state whether notification relates to a 6. Please state the nature of the transaction. For PEP
person(s) connected with the director named in transactions please indicate whether general/single
2 above and identify the connected person(s) co PEP and if discretionary/non discretionary /non
discretionary
n/a
TRANSFER OF SHARES FROM JM DEANE 1999 SETTLEMENT TO
A NEW TRUST IN WHICH THE DIRECTOR IS A BENEFICIARY
7. Number of shares/ 8. Percentage of issued 9. Number of shares/ 10. Percentage of issued
amount of stock class amount of stock class
acquired disposed
1,647,600 1,830,666
0.7%
0.8%
11. Class of security 12. Price per share 13. Date of transaction 14. Date company informed
1P ORDINARY n/a 5TH JULY 2003 7TH JULY 2003
15. Total holding following this notification 16. Total percentage holding of issued class following
this notification
17,403,323
7.7%
If a director has been granted options by the company please complete the following boxes.
17. Date of grant 18. Period during which or date on which exercisable
n/a n/a
19. Total amount paid (if any) for grant of the 20. Description of shares or debentures involved: class,
option number
n/a n/a
21. Exercise price (if fixed at time of grant) or 22. Total number of shares or debentures over which
indication that price is to be fixed at time options held following this notification
of exercise
n/a
n/a
23. Any additional information 24. Name of contact and telephone number for queries
n/a Julie Nevin, Company Secretarial Assistant - 01242
547568
25. Name and signature of authorised company official responsible for making this notification
Andrew Fritchie, Company Secretary
Date of notification 7th July 2003
NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS
All relevant boxes should be completed in block capital letters.
1. Name of company 2. Name of director
MARLBOROUGH STIRLING PLC DAVID GALES
3. Please state whether notification indicates 4. Name of the registered holder(s) and, if more than
that it is in respect of holding of the one holder, the number of shares held by each of
shareholder named in 2 above or in respect of them (if notified)
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 or in respect of an non-beneficial interest JM DEANE 1999 SETTLEMENT
DAVID GALES
5. Please state whether notification relates to a 6. Please state the nature of the transaction. For PEP
person(s) connected with the director named in transactions please indicate whether general/single
2 above and identify the connected person(s) co PEP and if discretionary/non discretionary /non
discretionary
n/a
TRANSFER OF SHARES FROM JM DEANE 1999 SETTLEMENT TO
A NEW TRUST IN WHICH THE DIRECTOR IS A BENEFICIARY
7. Number of shares/ 8. Percentage of issued 9. Number of shares/ 10. Percentage of issued
amount of stock class amount of stock class
acquired disposed
1,647,600 1,830,667
0.7%
0.8%
11. Class of security 12. Price per share 13. Date of transaction 14. Date company informed
1P ORDINARY n/a 5TH JULY 2003 7TH JULY 2003
15. Total holding following this notification 16. Total percentage holding of issued class following
this notification
17,212,643
7.6%
If a director has been granted options by the company please complete the following boxes.
17. Date of grant 18. Period during which or date on which exercisable
n/a n/a
19. Total amount paid (if any) for grant of the 20. Description of shares or debentures involved: class,
option number
n/a n/a
21. Exercise price (if fixed at time of grant) or 22. Total number of shares or debentures over which
indication that price is to be fixed at time options held following this notification
of exercise
n/a
n/a
23. Any additional information 24. Name of contact and telephone number for queries
n/a Julie Nevin, Company Secretarial Assistant - 01242
547568
25. Name and signature of authorised company official responsible for making this notification
Andrew Fritchie, Company Secretary
Date of notification 7th July 2003
This information is provided by RNS
The company news service from the London Stock Exchange
END
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