Director Shareholding
June 26 2003 - 11:06AM
UK Regulatory
BW20030626002059 20030626T150641Z UTC
( BW)(AMLIN-PLC)(AML) Director Shareholding
Business Editors
UK REGULATORY NEWS
LONDON--(BUSINESS WIRE)--June 26, 2003--
AMLIN plc
DIRECTORS' SHAREHOLDINGS
Amlin plc announces that a Director of the Company, Mr Brian
Carpenter, has acquired a net 45,625 ordinary shares of 25p each in
the Company as a result of exercising an executive share option on 26
June 2003 over 56,233 shares held by the Group's Employee Share
Ownership Trust ("ESOT"), of which 10,608 shares were sold in the
market on the same day. These transactions have increased Mr
Carpenter's and his wife's aggregate shareholding to 541,004 shares.
Mr Carpenter is divisional underwriter of the Amlin Insurance Services
division.
As a consequence of Mr Carpenter's option exercise, and options
exercised on the same day by non-Directors, each of the executive
Directors of Amlin plc (Messrs Carpenter, Holt, Hextall, Philipps and
Stace) ceased to be interested in a total of 100,430 Amlin shares,
which they were previously interested in by virtue of such shares
being held by the ESOT. The total number of Amlin shares now held by
the ESOT is 5,602,030 (1.44% of the shares in issue).
Note: For Companies Act purposes, all of the executive Directors of
Amlin are deemed to have a technical interest in the shares held by
the ESOT. The interest ceases when shares are transferred to
individuals who exercise their options.
Further details of Mr Carpenter's disclosure to the Company follow in
the schedule below.
Enquiries:
Charles Pender
Company Secretary
020 7746 1008
SCHEDULE 11
NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS
1) Name of company
Amlin plc
2) Name of director
B D Carpenter
3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a
non-beneficial interest or in the case of an individual holder if it
is a holding of that person's spouse or children under the age of 18
or in respect of a non-beneficial interest
In respect of person named in 2. above.
4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them (if notified)
B D Carpenter
5) Please state whether notification relates to a person(s) connected
with the Director named in 2 above and identify the connected
person(s)
n/a
6) Please state the nature of the transaction. For PEP transactions
please indicate whether general/single co PEP and if discretionary/non
discretionary
Exercise of executive share option and partial sale of the shares
thereby acquired.
7) Number of shares/amount of
stock acquired
56,233
8) Percentage of issued class
0.014%
9) Number of shares/amount
of stock disposed
10,608
10) Percentage of issued class
0.003%
11) Class of security
Ordinary shares of 25p each
12) Price per share
Acquisition through option exercise:
40,921 shares at 19.10p per share; and
15,312 shares at 39.77p per share
Partial sale in the market:
132p per share
13) Date of transactions
25 June 2003
14) Date company informed
25 June 2003
15) Total holding following this notification
541,004 Ordinary Shares (401,146 Director and 139,858 spouse)
16) Total percentage holding of issued class following this notification
0.14%
If a director has been granted options by the company please complete the following boxes
17) Date of grant
n/a
18) Period during which or date on which exercisable
n/a
19) Total amount paid (if any) for grant of the option
n/a
20) Description of shares or debentures involved: class, number
n/a
21) Exercise price (if fixed at time of grant) or indication that price
is to be fixed at time of exercise
n/a
22) Total number of shares or debentures over which options held
following this notification
n/a
23) Any additional information
In addition the Director is interested, as a potential beneficiary, in
the whole of the shareholding of the Group's Employee Share Ownership
Trust which is currently 5,602,030 shares (1.44%).
24) Name of contact and telephone number for queries
Charles Pender
020 7746 1008
25) Name and signature of authorised company official responsible for
making this notification
Charles Pender
Company Secretary
Date of Notification 26 June 2003
Short Name: Amlin plc
Category Code: RDS
Sequence Number: 00006366
Time of Receipt (offset from UTC): 20030626T160115+0100
--30--sm/uk*
CONTACT: Amlin Plc
KEYWORD: UNITED KINGDOM INTERNATIONAL EUROPE
INDUSTRY KEYWORD: INSURANCE
SOURCE: Amlin Plc
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