Director Shareholding
October 17 2003 - 1:04PM
UK Regulatory
RNS Number:0570R
Pochin's PLC
17 October 2003
Pochin's PLC ("the Company")
The Company has today been notified of the following changes in directors' and
substantial shareholders' interests.
Mrs.S.E.Nicholson (non-executive director) no longer has a non-beneficial
interest, as a trustee, in 199,879 ordinary shares in the Company ("Shares").
This follows the disposal by a trust on 15 October 2003 at a price of 146.5p per
Share. This represents 0.96% of the Company's ordinary share capital.
Kettley International Limited ("KIL") has acquired a beneficial interest in the
above-referred 199,879 Shares. KIL acquired the Shares at a price of 146.5p per
Share.
The entire issued share capital of KIL is owned by a discretionary family trust
("the Kettley Trust") under which Mrs.S.E.Nicholson and Mr.J.W.P.Nicholson
(executive director) are potential beneficiaries. Mrs.S.E.Nicholson and
Mr.J.W.P.Nicholson are therefore deemed to have a non-beneficial interest in the
above share transaction.
The following changes in interests of directors and substantial shareholders
result.
SUBSTANTIAL SHAREHOLDERS
Prior to the above-referred transaction KIL was the beneficial owner of
4,678,620 Shares, representing 22.5% of the issued share capital in the Company.
Following this transaction KIL's holding has increased to 4,878,499 Shares,
representing 23.45% of the issued share capital in the Company.
DIRECTORS' INTERESTS
Following the above transaction, Mrs.S.E.Nicholson's interests are as follows:
*Beneficial interest 881,060 Shares (4.2%);
*Non-beneficial interest (as a discretionary beneficiary) 6,420,519 Shares
(30.87%).
Mr.J.W.P.Nicholson's beneficial and non-beneficial interests remain unchanged as
a result of this transaction.
Contact: Mr D.Shaw
Tel: 01606 833333
This information is provided by RNS
The company news service from the London Stock Exchange
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