Xansa plc (the "Company") announces that it received notification on 11 October
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 80,182 of the
Company's ordinary shares of 5 pence each ("Ordinary Shares") on 10 October
2007 at 129.5 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 32,660 "Matching" shares being provided out of the AESOP Trust and 7,246
"Matching" shares being provided out of the Xansa QUEST and into 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 144 Ordinary Shares (96 "Partnership" shares and 48
"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: 53,858
Mr S R Weston: 43,727
As a result of the above transaction, the total holdings of the AESOP and Xansa
QUEST amount to 17,214,571 and 2,408,601 Shares respectively.
This notification is released in accordance with DTR 3.1.4R(1)(a) of the
Disclosure & Transparency Rules.
11 October 2007