Greggs Regulatory News (GRG)

22 Mar 2006 11:48

Greggs PLC22 March 2006 Greggs plc ("the Company") announces that, on 21 March 2006: 1. Sir Michael Darrington (a director of the Company): 1.1 exercised an option held by him under the Company's ExecutiveShare Option Scheme in respect of 6,000 (0.049%) ordinary shares of 20p each inthe Company ("Shares") at £17.015 per Share and subsequently sold these Sharesat £38.00 per Share; and 1.2 sold a further 2,500 Shares at £38.00 per share. 2. Malcolm Simpson (a director of the Company): 2.1 exercised an option held by him under the Company's ExecutiveShare Option Scheme in respect of 10,000 Shares (0.081%) at £17.015 per Shareand subsequently sold these Shares at £38.00 per Share; 2.2 sold a further 15,000 Shares at £38.00 per Share, in which hehad a beneficial interest; and 2.3 sold a further 5,000 Shares at £38.00 per Share in which hehad a non-beneficial interest. 3. The 16,000 Shares required to satisfy the exercise of theoptions referred to above were supplied from the Company's Employee BenefitTrust. Notes 1. The total beneficial and non-beneficial holdings of each relevantdirector (excluding interests in share options) following this notification areas follows: Beneficial Non-beneficial Sir Michael Darrington 55,470 (0.45%) 0Malcolm Simpson 25,010 (0.20%) 8,000 (0.06%) 2. Malcolm Simpson and Sir Michael Darrington each have a potentialbeneficial interest in the 32,924 shares (0.27% of the issued share capital)held by the Employee Benefit Trust following this notification. 3. This announcement constitutes a single announcement of allnotifications received by the Company pursuant to the Companies Act 1985 andDisclosure Rule 3.1.2 R in respect of the transactions referred to above, all ofwhich both took place on 21 March 2006 in England and were notified to theCompany on the same date. This information is provided by RNS The company news service from the London Stock Exchange