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- | DOWI:CBRY | Dow Jones Indices | Index |
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CADBURY SCHWEPPES plc (the "Company") TRANSFER OF SHARES BY TRUSTEE TO SATISFY SHARESAVE OPTIONS Date of Transaction: 23 December 2003 Date Company Informed: 23 December 2003 On 23 December 2003 Cadbury Schweppes Group Trustees Limited, a wholly owned subsidiary of the Company, as Trustee of the Cadbury Schweppes plc Qualifying Employee Share Ownership Trust (the "QUEST") transferred at prices between £ 3.14 and £3.76 per share, a total of 1,492 Ordinary Shares of 12.5p each (the "Shares") in the Company. The QUEST is a discretionary trust, under which all employees, both current and former, and executive directors of the Company are potentially beneficially entitled to any shares which it acquires. Therefore, DJ Kappler, RJ Stack, HT Stitzer and JM Sunderland, as potential beneficiaries under the QUEST and as executive directors of the Company, are deemed to be interested in the Shares, whilst they are held in trust. The shares were transferred to participants, other than the executive directors named above, of the Company's Savings-Related Share Option Scheme ("Sharesave") to satisfy the exercise of options. Accordingly, as at close of business on 23 December 2003, the QUEST holds a balance of 1,052,437 shares in the Company. Name and signature of authorised company official responsible for making this notification: J M Mills Group Deputy Secretary Date of Notification: 23 December 2003 Name of contact and telephone number for queries: Gina Brancher Tel: 020 7830 5181 END
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