Novae Group Regulatory News (NVA)

10 Jan 2005 16:21

SVB Holdings PLC10 January 2005 SVB Holdings PLC ("the Company") This announcement replaces the Directors' Shareholding Announcement previouslyreleased on 6th January 2005 at 15.24 p.m. under RNS No 1031H. Wording wasomitted from the announcement, which should have stated that the LTIP awardsvest subject to the Company having positive net assets at the third anniversaryof the award and the achievement of a growth in net tangible assets by a fixedmargin in excess of the RPI. The full amended text appears below: Directors' Interests in Shares An award under the Company's Long Term Incentive Plan ("LTIP") was made tocertain Directors on 5th January 2005. The LTIP Awards vest on the thirdanniversary of the award, subject to the Company having positive net assets andthe achievement of a growth in net tangible assets by a fixed margin in excessof the RPI at that point LTIP Awards Total LTIP participation Jeremy Adams 890,000 940,000Oliver Corbett 890,000 1,140,000Matthew Fosh 770,000 2,817,180Peter Matson 890,000 1,090,000Allan Nichols 780,000 830,000 Mark Turvey Group Legal Counsel and Company Secretary 020 7903 7300 This information is provided by RNS The company news service from the London Stock Exchange