26 July 2004
TO: Regulatory News Service
The London Stock Exchange
Re: Chapter 9, Paragraph 11 of CONTINUING OBLIGATIONS
Xansa plc (the "Company") announces that it received notification on 26 July
2004 under sections 198-208 of the Companies Act 1985 (as amended) (the "Act")
that as at the close of business on 16 July 2004, Barclays PLC through the legal
entities listed below had reduced its interest in the Company for the purposes
of the Act to 13,251,945 ordinary shares of 5p each in the Company ("Ordinary
The Barclays PLC legal entities comprise Barclays Global Investors Ltd, Barclays
Life Assurance Co Ltd, and Gerrard Ltd.
At the close of business on 16 July 2004, these Ordinary Shares represented
3.897% of the issued share capital of the Company.
Re: Chapter 16, Paragraph 13 of CONTINUING OBLIGATIONS
The Company further announces that it received notification on 26 July 2004 for
the purposes of Section 329 of the Companies Act 1985 that at 23 July 2004 Xansa
Trustee Company Limited, trustee of the Inland Revenue approved Xansa All
Employee Share Ownership Plan ('AESOP') had transferred 3,069 Ordinary Shares
and had sold 4,481 Ordinary Shares at 71.25 pence each on behalf of participants
leaving the AESOP.
The AESOP Trust is a discretionary trust for the benefit of employees of the
Company and its subsidiaries, which operates in conjunction with the Company's
AESOP and holds Ordinary Shares purchased by employees under the Partnership and
Matching shares section of AESOP as well as holding Ordinary Shares required for
Executive directors who are potential beneficiaries of the AESOP are;
Mrs L K Barrat
Mr A R Cox
Mr P R Gill
Mr S R Weston
The total holding of the AESOP Trust amounts to 12,590,513 Ordinary Shares.
26 July 2004
This information is provided by RNS
The company news service from the London Stock Exchange