Information  X 
Enter a valid email address

Havelock Europa PLC (HVE)

  Print      Mail a friend       Annual reports

Friday 11 May, 2007

Havelock Europa PLC

Director/PDMR Shareholding

Havelock Europa PLC
11 May 2007


Havelock Europa PLC

Disclosure of Directors interest in shares

Havelock Europa PLC (the 'Company') announces that Richard Lowery, an Executive
Director of the Company, exercised on  11 May 2007 the following Executive Share
Options over 82,857 Ordinary Shares in aggregate:

Number of Ordinary                  Exercise Price
Shares Under Option                 Per Share

5,000                               105.0p
42,857                               52.5p
25,000                               40.5p
10,000                              59.75p

The Company was further notified by Mr Lowery that immediately following the
issue to him of the 82,857 Ordinary  Shares, 42,857 shares were then sold at a
price of 168p per share to fund the cost of the options exercised and the 
associated tax liability.

Following the exercise of the Executive Share Options and the subsequent sale of
shares, Mr Lowery's holding in the  Company increased to 217,589 Ordinary
Shares, representing 0.57 percent of the issued share capital of the Company.

The Company advises that its issued share capital has increased to 38,459,050
ordinary shares of 10 pence each as at  the date of this announcement. Each
share carries the right to one vote. The Company holds no shares in Treasury.

This figure (38,459,050) may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in the Company under the FSA's
Disclosure and Transparency Rules.




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