Information  X 
Enter a valid email address

Havelock Europa PLC (HVE)

  Print      Mail a friend       Annual reports

Wednesday 05 April, 2006

Havelock Europa PLC

Director/PDMR Shareholding

Havelock Europa PLC
05 April 2006



5 April 2006


HAVELOCK EUROPA PLC  ('the Company')


Vesting of ordinary shares under the Havelock Europa Restricted Share Plan
('RSP') and Directors Dealings



The Company announces that, in accordance with the rules of the RSP, the award
dated 20 January 2003 vested  77,037 ordinary shares of  10 pence each ('Award
Shares') to two Directors of the Company on 4 April 2006. The vesting of Award
Shares was the result of the Company meeting certain performance targets on
return on capital employed in the period 1 January 2003 to 31 December 2005.


The Directors both sold all of the Award Shares on 4 April 2006 at a price of
160.5 pence per Award Share.  Of the 77,037 shares sold, 31,586 were sold to
fund the PAYE and NIC liabilities arising on vesting.

Director   Award     Percentage   Shares    Percentage   Resultant  Percentage
           Shares    of issued    sold      of issued    holding    of issued
                     share                  share                   share
                     capital                capital                 capital

Hew         43,659         0.13%   43,659         0.13%   350,127         1.01%
Balfour
Richard     33,378         0.10%   33,378         0.10%   177,589         0.51%
Lowery





Enquiries:
Havelock Europa PLC                                    01383 820 044
Hew Balfour (Chief Executive)
Grant Findlay (Finance Director)











                      This information is provided by RNS
            The company news service from the London Stock Exchange