LWB.L Regulatory News (LWB)

18 Aug 2006 13:41

Low & Bonar PLC18 August 2006 NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIALRESPONSIBILITY OR CONNECTED PERSONS This form is intended for use by an issuer to make a RIS notification requiredby DR 3.1.4R(1). (1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24. (2) An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24. (3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24. (4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. Please complete all relevant boxes in block capital letters. 1. Name of the issuer LOW & BONAR PLC 2. State whether the notification relates to (i) a transaction notified inaccordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (asextended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii) (ii) 3. Name of person discharging managerial responsibilities/director DUNCAN CLEGG (MR R D CLEGG) 4. State whether notification relates to a person connected with a persondischarging managerial responsibilities/director named in 3 and identify theconnected person PERSON NAMED IN 3 ABOVE AND SPOUSE 5. Indicate whether the notification is in respect of a holding of the personreferred to in 3 or 4 above or in respect of a non-beneficial interest BENEFICIAL HOLDING OF MR R D CLEGG AND SPOUSE 6. Description of shares (including class), debentures or derivatives orfinancial instruments relating to shares ORDINARY 25 PENCE SHARES 7. Name of registered shareholders(s) and, if more than one, the number ofshares held by each of them MR R D CLEGG 45,711 MRS J CLEGG 16,500 NOMINEE NAME 1,050 (TOTAL NUMBER OF REGISTERED SHARES HELD POST ACCEPTANCE OF RIGHTS) 8 State the nature of the transaction ACCEPTANCE OF NEW ORDINARY SHARES UNDER 1 FOR 2 RIGHTS ISSUE 9. Number of shares, debentures or financial instruments relating to sharesacquired ACCEPTANCE OF 11,118 NEW ORDINARY SHARES UNDER RIGHTS ISSUE 10. Percentage of issued class acquired (treasury shares of that class shouldnot be taken into account when calculating percentage) 0.007% 11. Number of shares, debentures or financial instruments relating to sharesdisposed NOT APPLICABLE 12. Percentage of issued class disposed (treasury shares of that class shouldnot be taken into account when calculating percentage) NOT APPLICABLE 13. Price per share or value of transaction ACCEPTANCE OF NEW ORDINARY SHARES UNDER RIGHTS ISSUE AT 85 PENCE PER NEWORDINARY SHARE 14. Date and place of transaction 17 AUGUST 2006 15. Total holding following notification and total percentage holding followingnotification (any treasury shares should not be taken into account whencalculating percentage) 63,261 ORDINARY 25 PENCE SHARES (0.041%) 16. Date issuer informed of transaction 17 AUGUST 2006 If a person discharging managerial responsibilities has been granted options bythe issuer complete the following boxes 17 Date of grant .................................... 18. Period during which or date on which it can be exercised .................................... 19. Total amount paid (if any) for grant of the option .................................... 20. Description of shares or debentures involved (class and number) .................................... .................................... 21. Exercise price (if fixed at time of grant) or indication that price is to befixed at the time of exercise .................................... 22. Total number of shares or debentures over which options held followingnotification .................................... 23. Any additional information .................................... 24. Name of contact and telephone number for queries AMANDA WHALLEY, TEL: 020 7535 3180 Name and signature of duly authorised officer of issuer responsible for makingnotification AMANDA WHALLEY, COMPANY SECRETARY, Date of notification 18 AUGUST 2006 END This information is provided by RNS The company news service from the London Stock Exchange