Director Shareholding
July 19 2000 - 8:05AM
UK Regulatory
RNS Number:1106O
Armour Trust PLC
19 July 2000
Armour Trust plc ("Armour" or the "Company")
Armour Employees' Share Trust
S G Hambros Trust Company (Guernsey) Limited as the trustee
of the Armour Employees Share Trust ("the Trust") has
notified the Company that it acquired 483,000 ordinary
shares of 10p each in the Company ("Ordinary Shares") at a
price of 20.5p per Ordinary Share, representing 1.19% of the
issued Ordinary Share capital. The Trust holds these shares
in a discretionary trust for beneficiaries which include all
employees and former employees including the executive
directors of the Company who are therefore interested in the
shares being acquired.
The acquisition of Ordinary Shares was for the purpose of
the Armour 1999 Approved and Unapproved Executive Share
Option Schemes ("the Schemes") and, consequently, some or
all of the executive directors of the Company may, at some
future time, obtain a beneficial interest in a number of
these shares if and when further awards are made under the
Schemes.
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