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Company News

2005

Director's interests in ordinary shares

13/05/2005

SJPC was notified on 13 May 2005 of the following changes in interests in ordinary shares of 15p in SJPC held by the executive Directors named below.

Sale of shares
As announced by SJPC in April 2002, the trustees of SJPC’s Deferred Bonus Scheme transferred shares to the executive Directors named below on 2 April 2002. These shares were held by SJPC on behalf of the Directors for a restricted period which ended on 12 May 2005. These shares are therefore no longer subject to forfeiture:

Name of Director Number of shares
David Bellamy 8,108
Ian Gascoigne 6,756

The above Directors notified SJPC on 13 May 2005 that on 12 May 2005 they sold the above shares in SJPC at a price of 2.20¼p each, partly in order to meet the cost of income tax arising from the awards ceasing to be subject to forfeiture.

Exercise of options

Ian Gascoigne also notified SJPC that he exercised options today under the J. Rothschild Assurance Holdings plc First Employees Share Option Scheme over 9,188 ordinary 15p shares of SJPC at an exercise price of 1.71 pence per share.

With the exception of the changes notified in this announcement, the Directors’ interests in ordinary shares of SJPC are unchanged.

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