Last checked at 2 Jun 2008 15:06
| GUINNESS PEAT GROUP PLC | |||
| Change of Directors' Interests | |||
| Guinness Peat Group ("GPG") announces the following changes in directors' interests following the allotment of shares on 30 May 2008 pursuant to the 2008 Capitalisation Issue: | |||
| 1. | Interests in the ordinary shares of Guinness Peat Group plc | ||
| Allotment | Current Total | ||
| Sir Ron Brierley | 4,100,744 | 45,108,190 | |
| Graeme Cureton | 317,864 | 3,496,514 | |
| Tony Gibbs | 563,994 | 6,203,939 | |
| Blake Nixon | 1,069,155 | 11,760,710 | |
| Gary Weiss | 1,387,517 | 15,262,706 | |
| 2. | Interests in options over the ordinary shares of GPG under the Company's share option schemes | ||
| As a result of the 2008 Capitalisation Issue, under which a bonus issue of new shares was made at the rate of 1 new share for every 10 shares held, options held under the Company's share option schemes have also been adjusted. As a consequence Directors' interests in the Company's share options are now as follows: | |||
| Total Number of Options Adjusted for 2008 Capitalisation Issue | Exercise Prices adjusted for 2008 Capitalisation Issue | Dates Exercised Between | ||||||||
| Sir Ron Brierley | 3,204,087 | Between | 20.78p - 67.47p | 17/10/04 - 10/04/2018 | ||||||
| Graeme Cureton | 14,793,885 | Between | 20.57p - 67.47p | 22/03/02 - 10/04/2018 | ||||||
| Tony Gibbs | 15,176,089 | Between | 20.57p - 67.47p | 22/03/02 - 10/04/2018 | ||||||
| Blake Nixon | 14,397,965 | Between | 20.57p - 67.47p | 22/03/02 - 10/04/2018 | ||||||
| Gary Weiss | 15,958,928 | Between | 20.57p - 67.47p | 22/03/02 - 10/04/2018 | ||||||
| Note: As a result of the adjustments there is no change in the economic interests of the Directors in options held under the Company's share option schemes. | ||||||||||
| 3. | Directors' interests in the shares of quoted subsidiary companies of GPG remain as follows: | |||||||||
| Interests in the listed securities of Capral Ltd (listed on the Australian Securities Exchange) | ||||||||||
| Ordinary | Convertible | |||||||||
| Shares | Notes | |||||||||
| Gary Weiss | 93,255 | 241 | ||||||||
| Graeme Cureton | 175,000 | 371 | ||||||||
| Interests in the ordinary shares of Turners and Growers Ltd (listed on the New Zealand Stock Market) | ||||||||||
| Tony Gibbs | 72,086 | |||||||||
| Richard Russell | ||||||||||
| Company Secretary | ||||||||||
| Guinness Peat Group plc | ||||||||||
| Tel: +44 20 7484 3370 | ||||||||||
| 2 June 2008 | ||||||||||