Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.

Less Ads, More Data, More Tools Register for FREE

Director/PDMR Shareholding

10 Aug 2011 16:01

RNS Number : 1395M
Taylor Wimpey PLC
10 August 2011
 

Taylor Wimpey plc

 

Taylor Wimpey Employee Share Ownership Trusts

 

 

Share Acquisitions

 

Taylor Wimpey plc's Employee Share Ownership Trust 2004 has today acquired 15,192,950 1p ordinary shares ("Shares") on the London Stock Exchange at an average acquisition cost per share of 32.91p net of expenses.

 

These Shares will be used to meet the valid exercise or vesting of options or awards over Shares granted under the terms of the Company's various share plans.

 

Following this transaction, Taylor Wimpey's Employee Share Ownership Trust 1995 ("ESOT 1") holds 2,016,755 Shares and Taylor Wimpey's Employee Share Ownership Trust 2004 ("ESOT 2") holds 15,342,019 Shares.

 

Each of the executive directors of the Company is a potential beneficiary under both ESOT 1 and ESOT 2 and therefore is regarded as having a notional interest in the current holding of each ESOT.

 

 

 

James Jordan

Group Legal Director and Company Secretary

Taylor Wimpey plc

 

10 August 2011

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
RDSSFSFISFFSESA

Related Shares

Back to RNS

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.