Director Shareholding

24 Jan 2005 17:45

PayPoint PLC24 January 2005 21 January 2005 Immediate Release PayPoint plc ("the Company") As a result of transactions on 21 January 2005 by the PayPoint plc ShareIncentive Plan (an Inland Revenue approved all employee share purchase plan),the executive directors of the Company have the following interests as a resultof their personal participation in the Plan:- Partnership Shares Matching Shares Total number of purchased on 21 awarded on 21 January Partnership and January 2005 2005 at £2.55 Matching Shares held at £2.55 per share per share on 21 January 2005 Dominic Taylor 49 49 304Tim Watkin-Rees 49 49 304George Earle 49 49 304 In accordance with the rules of the Plan these directors have been awarded theMatching Shares on the basis of one Matching Share for each Partnership Share. The beneficial ownership of the Matching Shares will pass to the directors inthree years time subject to continued employment and the retention of theunderlying Partnership Shares. -ends- This information is provided by RNS The company news service from the London Stock Exchange