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43IH Sth.staff 5%

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Last Updated: -
Delayed by 15 minutes
Name Symbol Market Type
Sth.staff 5% LSE:43IH London Debenture
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 0 -

Director Shareholding

05/08/2004 6:42pm

UK Regulatory


RNS Number:6964B
South Staffordshire Water PLC
05 August 2004


Award of Shares under the Executive Share Option Plan

Following shareholder approval at the AGM on 25 June 2004, it is announced that
on 5 August 2004 the following awards in respect of ordinary shares of 42.5p
each have today been made under the South Staffordshire Plc LTIP:


                        Number of Shares        Option Price(being closing
                        over which Option       price on 4 August2004)
                        Granted

Elizabeth Swarbrick     6,864                    #7.515


This represents the above Directors total holding under the Executive Share
Option Scheme.

In accordance with the plan rules, the options will be exercisable between 5
August 2007 and 5 August 2014 but it will only be possible to exercise them to
their full extent if annual growth in earnings per share of RPI + 3% is
achieved.


5 August 2004



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

END
RDSEAXPSELFLEFE

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