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IVS Investor AB

25.32
0.22 (0.88%)
08:23:02 - Realtime Data
Share Name Share Symbol Market Type
Investor AB TG:IVS Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.22 0.88% 25.32 25.35 25.40 25.32 24.91 25.16 17 08:23:02

Director Shareholding

02/06/2003 10:58am

UK Regulatory


RNS Number:7882L
Inveresk PLC
02 June 2003


                                  INVERESK PLC


                             DIRECTOR SHAREHOLDINGS



Inveresk Plc ("Inveresk" or "the Company") was informed on Friday 30 May 2003
that Alan Walker, Gordon Thomson and Kieron Green have purchased 575,000
ordinary shares, 500,000 ordinary shares and 250,000 ordinary shares
respectively from Jan Bernander for a consideration of 10 pence per share.


Due to the Company being in a close period at the time of the recent placing and
open offer by which shares were issued at 10p each, neither Messrs Walker,
Thomson nor Green were able to participate in the placing.


Mr Bernander has agreed to sell these shares to Messrs Walker, Thomson and Green
at a price below the current market value in order to compensate them for their
inability to invest in the recent placing.


Mr Bernander, who still owns a significant stake in the Company, believes that
increasing the level of Inveresk share ownership amongst other members of the
board is an effective method of incentivising them and of bringing their
interests more closely in line with those of other Inveresk shareholders.


In addition, Mr Bernander has sold 500,000 ordinary shares respectively to his
son, Henrik, and his wife, Monica, all at a price of 10 pence per share.


The beneficial interests of Messrs Bernander, Walker, Thomson and Green in
Inveresk on completion of these transactions are as follows:

Name        No of shares No of shares      % of issued        Enlarged      % of issued
                  sold    purchased    share capital    shareholding    share capital

Jan          2,325,000            -           1.62 %      11,711,730           8.14 %
Bernander

Alan                 -      575,000           0.40 %       2,575,000           1.79 %
Walker

Gordon                      500,000           0.35 %         500,000           0.35 %
Thomson

Kieron               -      250,000           0.17 %         342,560           0.24 %
Green


Enquiries:
Inveresk Plc                              0207 240 1234
Jan Bernander, Chairman
Alan Walker, Chief executive







                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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