Xansa plc (the "Company") announces that it received notification on 12
September 2007, for the purposes of DTR 3.1.2R of the Disclosure & Transparency
Rules, that Xansa Trustee Company Limited, trustee of the Inland Revenue
approved Xansa All Employee Share Ownership Plan (`AESOP') had purchased 78,691
of the Company's ordinary shares of 5 pence each ("Ordinary Shares") on 11
September 2007 at 128.25 pence each from the Xansa Qualifying Employee Share
Ownership Trust ("Xansa QUEST"). The Ordinary Shares had been purchased under
the "Partnership" shares section of the AESOP from funds received from
participating eligible employees.
Under the terms of the AESOP, "Partnership" shares are matched on a 1:2 basis
with 39,167 "Matching" shares being provided out of the AESOP Trust at nil
cost. The 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 the AESOP.
Having elected to participate in the AESOP Mr G M Stuart was allocated 145
Ordinary Shares (97 "Partnership" shares and 48 "Matching" shares) while Mr S R
Weston was allocated 147 Ordinary Shares (98 "Partnership" shares and 49
"Matching" shares). This small difference in the allocation arises because of
different levels of residual contribution available for investment.
As a consequence, the beneficial and non-beneficial interests in Ordinary
Shares (excluding options) of the directors listed below have increased to:
Name: Ordinary Shares
Mr G M Stuart: 53,713
Mr S R Weston: 43,583
As a result of the above transaction, the total holdings of the AESOP and Xansa
QUEST amount to 17,329,150 and 2,497,044 Shares respectively.
This notification is released in accordance with DTR 3.1.4R(1)(a) of the
Disclosure & Transparency Rules.
13 September 2007