Rule 8 - Newport Holdings plc
October 23 2003 - 6:32AM
UK Regulatory
RNS Number:2288R
Newport Holdings PLC
23 October 2003
Newport Holdings plc
Rule 8 - Disclosure of Dealings during an offer period
Directors' shareholdings
Newport Holdings plc announces that it has issued and allotted 245,001 new
ordinary shares of 25p each as a result of the following directors exercising
their options granted under its Newport Share Scheme:
Director's Name Number of Exercise Number of Shares Percentage of Enlarged
Options Price Per held following the Issued Class
Exercised Share Exercise of Options
Bob Carlton-Porter 20,416 83p 88,938 0.41%
20,417 71p
20,417 85p
20,417 77.5p
Nicki Crickmore 20,416 83p 86,667 0.40%
20,417 71p
20,417 85p
20,417 77.5p
Eric Gadsden 20,416 83p 948,917 4.43%
20,417 71p
20,417 85p
20,417 77.5p
The new shares will rank pari passu with existing ordinary shares. As stated in
the announcement dated 23 September 2003 the directors of Newport and certain
persons connected with them holding Newport shares have irrevocably undertaken
to accept or procure acceptance of the Offer in respect of, in aggregate,
879,501 Newport Shares owned by them or in which they are beneficially
interested, representing approximately 4.1 per cent. of the enlarged issued
share capital of Newport, and in respect of, in aggregate, 245,001 Newport
Shares issued pursuant to the exercise of existing options under the Newport
Share Scheme.
Application has been made to the UK Listing Authority and to the London Stock
Exchange for the new shares to be admitted to the Official List and to trading
on the London Stock Exchange. It is expected that admission will occur on 29
October 2003.
23 October 2003
This information is provided by RNS
The company news service from the London Stock Exchange
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