Avon Protection Regulatory News (AVON)

1 Aug 2006 10:26

Avon Rubber PLC01 August 2006 EXERCISE OF SHARE OPTIONS Avon Rubber p.l.c. ("the Company") Inland Revenue Approved Employee Sharesave Option Scheme Announcement of transaction in ordinary shares of £1 each ("the Shares") The Company announces that on 1 August 2006 options over Shares ("the Options") were exercised at the share option price of £1.33 under the Company's InlandRevenue Approved Employee Sharesave Option Scheme by Executive Directors and aperson discharging managerial responsibility ("PDMR"') as listed below. The awards were exercised on the date shown below at the price of £1.33 per share. Number of Shares SubjectName of Director/PDMR Date of Exercise to the Option Terence K.P. Stead 1 August 2006 751Peter C. Slabbert 1 August 2006 751Peter J. Fairbairn 1 August 2006 2336 The transaction took place at Hampton Park West, Semington Road, Melksham, Wiltshire SN12 6NB The announcement is made pursuant to Disclosure Rule 3.1.4 following notifications under both Section 324 Companies Act 1985 and Disclosure Rule 3.1.2 Contact: Peter Fairbairn, Company Secretary Tel: 01225 896860 This information is provided by RNS The company news service from the London Stock Exchange