Holding(s) in Company
22 Oktober 2003 - 11:51AM
UK Regulatory
Amlin Plc
FOR IMMEDIATE RELEASE
AMLIN PLC
SHARE SALES BY RETIRING DIRECTOR
Amlin announces that Mr John Stace, executive Vice Chairman, sold 250,000 Amlin
ordinary shares of 25p each ("shares") on 21 October 2003. On the same day a
trust of which he is the sole beneficiary also sold 250,000 shares. Both sales
were at 144p per share and reduce the aggregate interests of Mr Stace and his
wife to 607,054 shares (0.16% of the shares currently in issue).
As previously announced, Mr Stace retires from executive office at Amlin on 31
December 2003. These share sales are part of his retirement planning prior to
his intended return to live in New Zealand.
Further details are included on the attached Schedule 11 notification form.
22 October 2003
Enquiries:
Charles Pender 020 7746 1000
Company Secretary
SCHEDULE 11
NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS
1) Name of company
Amlin plc
2) Name of director
John L Stace
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
1. Director named in 2 above; and
2. A trust of which the Director is the sole beneficiary
4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them (if notified)
N/A
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
Sales of shares
7) Number of shares acquired
N/A
8) Percentage of issued class
N/A
9) Number of shares disposed
1. 250,000 (own shares)
2. 250,000 (Trust shares)
Total of 500,000 shares
10) Percentage of issued class
0.13%
11) Class of security
Ordinary shares of 25p each
12) Price per share
Both sales at 144p
13) Date of transaction
Both transactions on 21 October 2003
14) Date company informed
21 October 2003
15) Total holding following this notification
Total interest is now 607,054 shares, which breaks down as follows:
332,500 held by Director beneficially
260,000 held by trust of which Director is sole beneficiary
5,830 beneficial interest of spouse held directly
3,724 beneficial interest of spouse held jointly with others
5,000 non-beneficial interest of Director as trustee of the Tank Museum,
Bovington
16) Total percentage holding of issued class following this notification
0.16%
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 to the interests noted above, the Director is deemed, as a potential
beneficiary, to have an interest in the whole of the shareholding of the Group's
Employee Share Ownership Trust, which is currently 5,247,202 shares (1.34%)
24) Name of contact and telephone number for queries
Charles Pender 020 7746 1008 or Jeanette Clarke 020 7746 1051
25) Name and signature of authorised company official responsible for
making this notification
Charles Pender, Company Secretary
Date of Notification: 22 October 2003