Stagecoach Theatre Arts PLC
25 February 2003
This announcement replaces the Directors' Dealings announcement released on the
RNS system under RNS No 6256H on 18 February,2002 at 10.07am. An addition has
been made to include the price paid by the Directors. The full announcement text
appears below.
Stagecoach Theatre Arts plc
Directors' Dealings
Stagecoach Theatre Arts plc ('Stagecoach' or the 'Company') was informed on 17
February, 2003 that the following Directors of Stagecoach had on that day bought
ordinary shares of 5p each in the Company ('Ordinary Shares') as set out below:
Name No of shares Price % of issued Ordinary Number of Ordinary % of Ordinary Shares
acquirred Share capital acquired Shares held following held following this
(p) this notification notification
Stephanie Manuel 10,000 80 0.1 3,007,7002 31.0
David Sprigg 10,000 80 0.1 3,007,7002 31.0
Julian Paul 10,000 80 0.1 10,000 0.1
Notes:
1. Stephanie Manuel and David Sprigg are considered by the Panel on Takeovers
and Mergers to be a close 'concert party'.
2. These holdings exclude a total of 100,459 Ordinary Shares held by the
Stagecoach Charitable Trust. As trustees they are deemed to have a non
beneficial interest in this holding.
In addition to the above, Richard Dawson, the finance director of the Company,
exercised an option on 17 February, 2003 to acquire 2,000 Ordinary Shares at a
price of 42p each. This holding represents Richard Dawson's only beneficial
holding save for his remaining option to acquire 236,931 Ordinary Shares at a
price of 42p each.
The Company will apply for the resulting Ordinary Shares to be admitted to
trading on the Alternative Investment Market and admission is expected to take
place on 24 February, 2003.
This information is provided by RNS
The company news service from the London Stock Exchange
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