| Mon 25 Feb 2002, 0:00 | | Liberty International Plc - Directors Shareholding |
|
1. Sale of Shares
1 Name of company: Liberty International
PLC
2 Name of director: Mr A C Smith
3 Please state whether notification Holding of director
indicates that it is in respect of named in 2 above
holding of the director named in 2
above or holding of that person's
spouse or children under the age of
18 or in respect of a non-
beneficial interest:
4 Name of registered holder(s) and, (i) Mr A C Smith 39,411
if more than one holder, the number (ii) Mrs S P Smith
of shares held by each of them (if 4,319
notified): (iii) Comdirect
Nominees Ltd
6,580
50,310
5 Please state whether notification N/A
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 Sale of Shares
transaction. For a PEP transactions
please indicate whether
general/single company PEP and if
discretionary/non discretionary:
7 Number of shares/amount of stock (i) 6,420
disposed: (ii) 2,542
8 Percentage of issued class: 0.003%
9 Class of security: Ordinary Shares
10 Price per share: (i) 543.56p
(ii) 544.3p
11 Date of transaction: (i) 18.02.02
(ii) 19.02.02
12 Number of shares/amount of stock 2,542
acquired:
13 Percentage of issued class: 0.001%
14 Class of security: Ordinary Shares
15 Price per share: 546.7p
16 Date of transaction: 19.02.02
17 Date company informed: 21.02.02
18 Total holding following this 50,310
notification:
19 Total percentage holding of issued 0.018%
class following this notification:
2. 2002 option awards
Following a grant of options to certain employees including Executive
Directors, the interests of the Executive Directors in options over ordinary
shares in Liberty International PLC have changed. Details of the grant are
as follows:
1. Name of company: LIBERTY INTERNATIONAL PLC
2. Name of director: Mr J G Abel, Mr P C Badcock, Mr D A Fischel, Mr J I
Saggers, Mr F B Sher and Mr A C Smith
3. Date of grant: 20/02/2002
4. Period during which or date on which exercisable: 20/02/05-20/02/2012
5. Total amount paid (if any) for grant of the option: NIL
6. Description of shares or debentures involved: class, number:
Ordinary shares of 50p each, options granted as follows:
Mr JG Abel 60,000
Mr PC Badcock 40,000
Mr DA Fischel 75,000
Mr JI Saggers 50,000
Mr FB Sher 40,000
Mr AC Smith 50,000
7. Exercise price (if fixed at time of grant) or indication that price is
to be fixed at time of exercise:
545p
8. Total number of shares or debentures over which options held following
this notification:
J G Abel 160,000
P C Badcock 120,000
D A Fischel 566,000
J I Saggers 327,500
F B Sher 266,000
A C Smith 342,500
3. Awards under the annual bonus scheme
Under Liberty International PLC's ("the Company") annual bonus scheme
arrangement, conditional awards of ordinary shares are made to certain
employees including Executive Directors. Details of the awards made on 20th
February 2002 to Executive Directors in respect of the year ended 31
December 2001 are given below.
The awards comprise Restricted shares and Additional shares. These shares
will be released two and four years respectively after the date of award,
provided the individual Director has remained in service.
The awards to the Executive Directors were as follows:-
Restrict Additio
ed nal
J G Abel 4,679 2,615
P C Badcock 1,170 860
D A Fischel 12,294 6,422
J I Saggers 4,220 2,385
F B Sher 4,817 2,683
A C Smith 6,239 3,394
4. Vesting of earlier awards
Awards of ordinary shares made in February 1999 to certain employees
including certain Executive Directors vested on 22 February 2002, in
accordance with the terms of the annual bonus scheme.
The shares released to Executive Directors were:
D A Fischel 6,111 shares of which 2,445 were sold and 3,666
were retained.
J I Saggers 5,334 shares of which 2,134 were sold and 3,200
were retained.
F B Sher 3,777 shares all of which were retained.
A C Smith 5,000 shares all of which were retained.
The relevant shares were sold on 22 February 2002 at 553.5p per share and
the Company was advised of such sales on 22 February 2002.
Following the transactions, the above Executive Directors' interests in the
Company are as follows:
No of Shares % of Issued Share
Capital
D A Fischel 161,925 0.06%
J I Saggers 41,400 0.01%
F B Sher 8,127 0.003%
A C Smith 55,310 0.02%
5. Change of holdings of the ESOP
The shares vesting under the annual bonus scheme were transferred to
employees from the LI Share Plan (Jersey) Limited as trustee for the Liberty
International PLC employee share ownership plan ("ESOP"). Additionally, the
ESOP's holding of Liberty International shares has further changed as a
result of an exercise of options. As the Executive Directors are potential
beneficiaries of the ESOP under the Company's share incentive arrangements
these changes fall for disclosure as affecting their interests.
Schedule 11 - Notification of Interests of Directors and Connected Persons
1 Name of company: LIBERTY INTERNATIONAL PLC
2 Name of director: Mr J G Abel, Mr P C
Badcock, Mr D A Fischel, Mr
J I Saggers, Mr F B Sher
and Mr A C Smith
3 Please state whether Non-beneficial interest of
notification indicates the Directors. The
that it is in respect Directors are potential
of holding of the beneficiaries under the
director named in 2 employee share plan
above or holding of
that person's spouse
or children under the
age of 18 or in
respect of a non-
beneficial interest:
4 Name of registered LI Share Plan (Jersey)
holder(s) and, if more Limited
than one holder, the
number of shares held
by each of them (if
notified):
5 Please state whether N/A
notification relates
to a person(s)
connected with the
director named in 2
above and identify the
connected person(s):
6 Please state the Exercise of options
nature of the Transfer to employees on
transaction. For PEP vesting of awards under
transactions please annual bonus scheme
indicate whether arrangements.
general/single co PEP
and if
discretionary/non
discretionary:
7 Shares transferred: No. of Price per
Shares: Share:
(i) 152,185 540p
(ii) 24,342 Nil
8 Percentage of issued 0.06%
class:
9 Class of security: Ordinary shares
10 Date of transaction: 20 February 2002
22 February 2002
11 Date company informed: 20 February 2002
22 February 2002
12 Total holding 4,453,053
following this
notification:
13 Total percentage 1.567%
holding of issued
class following this
notification:
14 Contact name for Simon Wilbraham
queries:
15 Contact telephone 020 7887 7108
number:
16 Name of company Simon Wilbraham
official responsible Assistant Secretary
for making
notification:-
17 Date of Notification: 22 February 2002
