IAP.L Regulatory News (IAP)

16 Jun 2006 14:45

ICAP PLC16 June 2006 ICAP plc (the "Company") On 15 June 2006, David Gelber exercised 441,200 options under the Bonus ShareMatching Plan. These options were awarded to David Gelber on 16 July 2003 at anexercise price of £2. In order to meet the tax liability which is incurred immediately on the exerciseof those options, Mr Gelber sold on the London Stock Exchange on 15 June 2006 atotal of 441,200 shares at a price of 474.6581p per share. Following these transactions, David Gelber had an interest in 27,520 ordinaryshares in the Company. The Trust is a discretionary trust established by the Company of which allemployees and former employees of ICAP plc and its subsidiaries are potentialbeneficiaries. Four of the Company's directors, M A Spencer, S McDermott, DGelber and M Yallop, are therefore, regarded for Companies Act purposes, asbeing interested in the 767,294 ICAP plc shares held by the trustees of theTrust that remain unallocated following the transfer referred to above. Deborah AbrehartGroup Company SecretaryICAP plc16 June 2006 This information is provided by RNS The company news service from the London Stock Exchange