Wt Wner Usd Regulatory News (WNER)

4 Dec 2006 12:03

Warner Estate Holdings PLC04 December 2006 Warner Estate Holdings PLC ("the Company") PDMR's Shareholding Mr D J Lanchester, a PDMR and Company Secretary of the Company, has notified theCompany that he has exercised share options over 8,981 Ordinary shares of 5p inthe Company on 1 December 2006 at an option price of 367.5p. The option wasgranted on 27 June 2003 and has been exercisable since 27 June 2006, theperformance criteria attached to the grant having been met in full. MrLanchester subsequently sold the 8,981 Ordinary shares of 5p in the Company atan average price of 846.938p on 1 December 2006. Following the exercise of share options and sale, Mr Lanchester retains aholding of 8,054 Ordinary shares of 5p in the Company. Date: 4 December 2006. This information is provided by RNS The company news service from the London Stock Exchange