European Metals Holdings Regulatory News (EMH)

27 Jan 2006 15:58

European Motor Hldgs PLC27 January 2006 EUROPEAN MOTOR HOLDINGS plc (the "Company") DIRECTORS' SHARE TRANSACTIONS The Company announces that, following the exercise of share options under theCompany's 2001 Non Approved Share Option Scheme, 60,000 ordinary shares of 40pence in the Company were allotted to Richard Palmer at a price of 93.5 penceper share on 26 January 2006. In addition, following the exercise of shareoptions under the Company's 1990 Share Option Scheme, 40,000 ordinary shareswere allotted to Ann Wilson at a price of 55 pence per share on the same date.Both individuals are directors of the Company. Application will be made at theearliest practicable opportunity for admission of the new ordinary shares to theOfficial List of the London Stock Exchange. The Company has also been informed of the following transactions in theCompany's ordinary shares of 40 pence by directors: • On 26 January 2006 Richard Palmer sold 60,000 shares at a price of 345 pence each • On 26 January 2006 Ann Wilson sold 40,000 shares at a price of 345 pence each • On 27 January 2006 Richard Palmer purchased 4,000 shares at a price of 350 pence each and purchased 4,500 shares at a price of 351 pence each • On 27 January 2006 Ann Wilson purchased 3,250 shares at a price of 350 pence each and purchased 2,750 shares at a price of 351 pence each As a result of the above transactions, those directors' shareholdings, based onthe Company's increased share capital following the exercise of the aboveoptions (being 54,447,088 shares) are now: • Richard Palmer 590,050 shares (1.08% of the total issued share capital) • Ann Wilson 439,206 shares (0.81% of the total issued share capital). Ends This information is provided by RNS The company news service from the London Stock Exchange