Latham Timber Regulatory News (LTHM)

13 Dec 2007 09:40

Latham(James) PLC13 December 2007 James Latham Plc (the "Company") James Latham Plc announces that on 11 December 2007 its wholly owned subsidiaryJames Latham Trustee Limited purchased 25,000 ordinary 25p shares to enable itto meet awards under the Company's Share Incentive Plan ("SIP") and Save as YouEarn Plan ("SAYE"), at a price of 245p per share. David Dunmow and PippaLatham, directors of James Latham Plc, are also directors of James LathamTrustee Limited. The directors of James Latham Plc are potential beneficiariesof the SIP and SAYE schemes. The Company has also been advised that 352,056 ordinary 25p shares have beentransferred out of one of the Latham Family Trusts. Nick Latham, a director ofthe Company, has received 58,676 ordinary 25p shares as part of thisarrangement. Following this transfer, Nick Latham and his wife will hold548,724 shares in the Company, representing approximately 2.74 per cent. of theCompany's voting share capital. This information is provided by RNS The company news service from the London Stock Exchange