Director Shareholding
08 Décembre 2003 - 4:09PM
UK Regulatory
RNS Number:9960S
Novar PLC
08 December 2003
SCHEDULE 11
NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS
1. Name of company
Novar plc
2. Name of director
Mr B J Hintz
Mr C L Korbell
Mr M J E McKeon
3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18 or in respect of a non-beneficial
interest
Mourant & Co. Trustees Limited as the Trustee of the Novar Employee Trust, the
above named Directors being potential beneficiaries under the Novar Employee
Trust.
4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them (if notified)
Mourant & Co. Trustees Limited as Trustee of the Novar Employee Trust,
established for the purpose of satisfying the exercise of options under the
Novar plc 1996 Executive Share Option Scheme.
5. Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)
6. Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary
Sale of shares held by the Mourant & Co. Trustees Limited, as Trustee of the
Novar Employee Trust, following the exercise of share options under the Novar
plc 1996 Executive Share Option Scheme by a former non-director employee in
accordance with his entitlement under the Scheme rules
7. Number of shares / amount of stock acquired
N/A
8. Percentage of issued class
N/A
9. Number of shares/amount of stock disposed
13,201
10. Percentage of issued class
0.003%
11. Class of security
Ordinary Shares of 277/9p each
12. Price per share
#1.275
13. Date of transaction
Friday 5 December 2003
14. Date company informed
Monday 8 December 2003
15. Total holding following this notification
19,156,963
16. Total percentage holding of issued class following this notification
4.445%
If a director has been granted options by the company please complete the
following boxes.
17. Date of grant
18. Period during which or date on which exercisable
19. Total amount paid (if any) for grant of the option
20. Description of shares or debentures involved: class, number
21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at time of exercise
22. Total number of shares or debentures over which options held following this
notification
23. Any additional information
N/A
24. Name of contact and telephone number for queries
Delores Chileshe 01932 823331
25. Name and signature of authorised company official responsible for making
this notification
Delores Chileshe
Date of Notification
8 December 2003
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END
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