Share Purchase by Trustee to Satisfy Sharesave Options
January 23 2004 - 3:41AM
UK Regulatory
CADBURY SCHWEPPES plc (the "Company")
SHARE PURCHASE BY TRUSTEE TO SATISFY SHARESAVE OPTIONS
Date of Transaction: 22 January 2004
Date Company Informed: 22 January 2004
On 22 January 2004 Cadbury Schweppes Group Trustees Limited, a wholly owned
subsidiary of the Company, as Trustee of the Cadbury Schweppes plc Qualifying
Employee Share Ownership Trust (the "QUEST") acquired by subscription, at a
price of �4.115 per share, a total of 60,155 Ordinary Shares of 12.5p each (the
"Shares") in the Company.
The shares acquired by subscription were immediately transferred to
participants, other than the executive directors named below, of the Company's
Savings-Related Share Option Scheme ("Sharesave") to satisfy the exercise of
options. Accordingly, as at close of business on 22 January 2004, the QUEST
holds nil shares in the Company and the executive directors of the Company are
no longer interested in these Shares.
The QUEST is a discretionary trust, under which all employees, both current and
former, and executive directors of the Company are potentially beneficially
entitled to any shares which it acquires. Therefore, DJ Kappler, RJ Stack, HT
Stitzer and JM Sunderland, as potential beneficiaries under the QUEST and as
executive directors of the Company, are deemed to be interested in the Shares,
whilst they are held in trust.
Name and signature of authorised company official responsible for making this
notification:
J M Mills
Group Deputy Secretary
Date of Notification: 23 January 2004
Name of contact and telephone number for queries:
Gina Brancher Tel: 020 7830 5181
END