Photo-Me International PLC
18 November 1999
LETTER TO: COMPANY ANNOUNCEMENTS
Notification of Changes in Director's Shareholdings
We advise that on 17th November 1999 a Director, Mr. Serge Crasnianski,
exercised his Option (granted in October 1994) to purchase 1,000,000 Ordinary
shares of 0.5p each under the Rules of the Company's Share Option Schemes, at a
price of 45.6 pence per share. This acquisition represents 0.3 per cent of the
Company's issued Ordinary shares. Approval was given at a Board Meeting of the
Company on 17th November and, accordingly, the Company's Registrars have been
instructed to allot and issue the shares. Mr. Crasnianski's holdings now total
76,094,790 shares representing 21.1 per cent of the Company's issued Ordinary
shares.
We also advise that on 17th November 1999 a director, Mr. Philippe Wahl,
informed the Company that a family trust in which he is interested has ceased to
be interested in 4,700,000 Ordinary shares of 0.5p each representing 1.3 per
cent of the Company's issued Ordinary shares, following a transfer of shares out
of that family trust to the existing beneficial owners. Mr. Wahl previously had
no beneficial interest in these shares which have been transferred although they
have until now been aggregated in his interests which have been declared to the
Company. Mr. Wahl's holdings now total 29,556,885 shares representing 8.2 per
cent of the Company's issued Ordinary shares.
LETTER FROM: PHOTO-ME INTERNATIONAL PLC
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