Information  X 
Enter a valid email address

Kelda Group PLC (KEL)

  Print      Mail a friend

Thursday 28 September, 2006

Kelda Group PLC

Director/PDMR Shareholding


NOTIFICATION OF INTEREST OF DIRECTORS AT KELDA GROUP plc                       

Kelda Group plc ("Kelda") has been notified today that Kelda Group Employees'  
Trustees Limited ("the Trustee") the trustee of an employee benefit trust      
established by Kelda in 1996, today, transferred the following number of       
ordinary shares to directors of Kelda under a long term incentive plan ("the   
Plan") established by Kelda pursuant to the rules of the Plan. The transfer of 
shares is pursuant to a conditional award of shares made on 3 September 2003.  

Martin Towers                           7,921 Ordinary Shares                  
                                                                               
Kevin Whiteman                          15,843 Ordinary Shares                 

Pursuant to the Plan, the Trustee sold 5,524 of the shares transferred to Mr   
Towers and 11,048 of the shares transferred to Mr Whiteman to meet tax         
liabilities arising from the transfers.                                        

The Trustee has also awarded 151,902 Ordinary Shares to participants, not being
directors of Kelda, under the Plan. 44,372 of those shares have been sold to   
meet tax liabilities.                                                          

All employees of Kelda (including executive directors) are potential           
beneficiaries of the employee benefit trust and as such, are deemed by the     
Companies Act 1985 to be interested in all of the shares held in the Trust.    

For further information contact:-                                              
                                                                               
Philip Hudson,                                                                 
                                                                               
Group Company Secretary                                                        
                                                                               
Tel:- 01274 804110                                                             
                                                                               
End.