Management Resource Solutions Regulatory News (MRS)

16 Apr 2007 13:34

Melrose Resources PLC16 April 2007 Immediate Release 16 April 2007 Melrose Resources plc Directors' shareholdings Melrose Resources plc ("the Company") received notification of the followingchanges in Directors' shareholdings as a result of the exercise by certainDirectors on 16 April 2007 of share options under the Melrose Resources plcUnapproved Share Option Scheme and the subsequent sale of shares on the sameday. The options were due to expire on 20 April 2007. Ordinary shares At 13 April % Purchased/ At 16 April % 2007 2007 No. (sold) No. ----------- ------------ ------- ----------- ------------ ------D W Curry 478,735 0.44 113,653 532,735 0.48 (59,653) ----------- ------------ ------- ----------- ------------ ------J M M Sutherland 575,000 0.52 101,451 575,000 0.52 (101,451) ----------- ------------ ------- ----------- ------------ ------ Share options At 13 April % Exercised At 16 April % 2007 2007 No. No. ----------- ------------ ------- ----------- ------------ ------D W Curry 444,716 n/a (113,653) 331,063 n/a----------- ------------ ------- ----------- ------------ ------J M M Sutherland 454,330 n/a (101,451) 352,879 n/a----------- ------------ ------- ----------- ------------ ------ In total 215,104 share options were exercised by Directors at a price of 76pence per share. Mr Curry and Mr Sutherland subsequently sold 59,653 OrdinaryShares and 101,451 Ordinary Shares respectively on 16 April at 374 pence pershare.Notes:(1) A further 63,408 share options were exercised by employees under the MelroseResources plc Unapproved Share Option Scheme at a price of 76 pence per share.(2) Following the exercise of these share options and the issue of new ordinaryshares the Company has 109,972,891 Ordinary Shares in issue. For further information please contact Melrose Resources plcRobert Adair, Executive Chairman 07872 930114Munro Sutherland, Finance Director 0131 221 3360 Buchanan Communications LimitedBen Willey/Eric Burns 0207 466 5000 or visit www.melroseresources.com This information is provided by RNS The company news service from the London Stock Exchange