Director Shareholding
03 Oktober 2000 - 10:25AM
UK Regulatory
RNS Number:9001R
Freeserve PLC
2 October 2000
DIRECTORS' DEALINGS IN SHARES
On 2 October 2000 the Trustee of the Freeserve employee benefit trust
transferred to the undernoted directors of Freeserve plc, for nil consideration,
the number of shares shown below:
John Pluthero 120,000
Nicholas Backhouse 72,000
These shares represent 60% of ten percent of the total number of shares
conditionally awarded on 28 March 2000 under the terms of the Freeserve Long
Term Incentive Plan, in respect of which the relevant vesting period ended on 28
September 2000. The remaining 40% of the directors' entitlements was sold by the
Trustee on 2 October 2000 in satisfaction of the directors' income tax
liability.
The beneficial and family interests of John Pluthero and Nicholas Backhouse in
the shares of Freeserve plc are consequently as follows:
Unrestricted Shares Restricted Shares Share Options
John Pluthero 126,666 2,466,666 666,666
Nicholas Backhouse 84,067 1,413,333 466,666
The Trustee of the Freeserve employee benefit trust now holds 6,248,441 ordinary
shares in which the executive directors of Freeserve plc are technically
interested as potential beneficiaries (previously 6,969,271).
John Pluthero is also interested in 69,192 ordinary shares of Dixons Group plc,
Freeserve's parent company.
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