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Press release |
28 November 2011 |
WH Ireland Group plc
(“WH Ireland” or the “Company”)
Director dealing(s)
W.H. Ireland announces that, further to its announcement on 2 November 2011 regarding its Save As You Earn scheme (“SAYE Scheme”), certain of the Company’s Directors have chosen to participate in the SAYE Scheme, pursuant to which, subject to certain conditions being satisfied, the Directors will be able to subscribe for ordinary shares of 5 pence each in the Company (“Shares”) as follows.
|
Director |
No. of Shares relating to SAYE Scheme participation |
Other options over Shares (excluding SAYE Scheme participation) |
|
John Scott |
19,565 |
45,000 |
|
Alan Kershaw |
19,565 |
45,000 |
|
Paul Compton |
19,565 |
nil |
(Additionally, 2,128,000 Shares are held jointly between Mr. Compton and the Company’s Employee Share Ownership Trust as detailed in the announcement of 2 November 2011.)
The entitlement arises at the end of the three year period beginning on 1 January 2012. The price per Share is set at 46 pence and the Directors may opt to withdraw from the SAYE Scheme, recovering paid-in funds, prior to that time.
– Ends –
For further information please contact:
|
WH Ireland Group plc |
+44 (0) 20 7220 1666 |
|
Rupert Lowe |
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Panmure Gordon (UK) Limited |
+44 (0)20 7459 3600 |
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Hugh Morgan/Abhishek Majumdar (Corporate Finance) |
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Adam Pollock (Corporate Broking) |
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Abchurch Communications |
+44 (0)20 7398 7714 |
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Joanne Shears / Oliver Hibberd |
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END
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