25 Jul 2008 17:07
25 July 2008Immediate Release PayPoint plc ("the Company")
As a result of transactions on 24 July 2008 by the PayPoint plc Share Incentive Plan (an Inland Revenue 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:-
Dividend Shares Total number of purchased on 24 Partnership, July 2008 ‚£ Matching and 6.138786 per Dividend Shares share held on 24 July 2008 Tim Watkin-Rees 73 2,850 George Earle 45 2,713 Dominic Taylor 72 2,805 Mike Igoe 26 1,628 Ivan Donn 20 1,220 Michael Norton 10 640
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)