01 August 2005
TO: Regulatory News Service
The London Stock Exchange
Re: Chapter 16, Paragraph 13 of CONTINUING OBLIGATIONS
Xansa plc (the "Company") announces that it received notification on 1 August
2005 that at 29 July 2005 Xansa Trustee Company Limited, trustee of the Inland
Revenue approved Xansa All Employee Share Ownership Plan ('AESOP') had
transferred 83,022 of the Company's ordinary shares of 5 pence each ("Ordinary
Shares") and had sold 19,770 Ordinary Shares at 89.25 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.
Executive directors who are potential beneficiaries of the AESOP are;
Mrs L K Barrat
Mr A R Cox
Mr S R Weston
The total holding of the AESOP Trust amounts to 17,319,482 Ordinary Shares.
This notification relate both to a transaction notified in accordance with DR
3.1.4R(1)(a) and DR 3.1.4(R)(1)(b) of the Disclosure Rules, the latter being a
disclosure made in accordance with section 324 (as extended by section 328) of
the Companies Act 1985.
1 August 2005
This information is provided by RNS
The company news service from the London Stock Exchange