16 May 2008 14:25
16 May 2008
PayPoint plc ("the Company")
As a result of transactions on 16 May 2008 by the PayPoint plc Share Incentive Plan (an HM Revenue & Customs approved all employee share purchase plan), the executive directors and persons discharging management responsibility of the Company have the following interests as a result of their personal participation in the Plan:-
Partnership Matching Shares Total number of Shares purchased awarded on 16 Partnership, on 16 May 2008 at May 2008 at ‚£ Matching and ‚£5.48446 per 5.48446 per Dividend Shares share share held on 16 May 2008 Tim Watkin-Rees 23 23 2,691 George Earle 23 23 2,582 Mike Igoe 23 23 1,518 Dominic Taylor 23 23 2,649 Barry Skillett 23 23 2,608 Michael Norton 23 23 544
In accordance with the rules of the Plan the persons named above have been awarded the Matching Shares on the basis of one Matching Share for each Partnership Share.
The beneficial ownership of the Matching Shares will pass to the persons listed above in three years time subject to continued employment and the retention of the underlying Partnership Shares.
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vendor
Paypoint (PAY)