Thg Regulatory News (THG)

18 Mar 2008 10:06

Terrace Hill Group PLC18 March 2008 Terrace Hill Group Plc ("Terrace Hill" or the "Company") Employee Benefit Trust The Company announces that on 18 March 2008 it received notification fromAppleby Trust (Jersey) Limited (formerly known as Bailhache Labesse TrusteesLimited) (the "Trustee") in its capacity as trustee of the Terrace Hill GroupEmployee Benefit Trust (the "Trust") that on 17 March 2008 the Trustee purchased200,000 ordinary shares of 2p each in the Company at a price of 51.5 pence pershare. The Trust now holds 820,000 ordinary shares in Terrace Hill representing0.39% of the current issued share capital of the Company. For the purposes of the Companies Act 1985 the Executive Directors of theCompany, being Robert Adair (Chairman), Philip Leech (Managing Director) and TomWalsh (Finance Director), have an interest in the shares acquired by the Trusteeas they are potential beneficiaries of the Trust. The Trust was established tofacilitate the operation of the Terrace Hill Group Performance Share Plan (the"Plan") and it is intended that the shares purchased by the Trust will be usedto satisfy awards under the Plan. For further information please contact: Miranda Kelly Tel: 0141 332 2014 Terrace Hill Group Plc Luke Webster Tel: 020 7710 7600 Oriel Securities Limited This information is provided by RNS The company news service from the London Stock Exchange