Matchtech Group PLC
03 January 2008
MATCHTECH GROUP ('the Company')
3 January 2008
The Matchtech Group plc Share Incentive Plan ('SIP')
The Company announces the purchase, on 2 January 2008, of 932 ordinary shares
of 1p each in the Company ('Shares') by Matchtech Engineering Limited ('the
Trustee'), at a price of £3.75 pence per Share, for the purpose of satisfying
the purchase of Shares by eligible employees (including executive directors)
under the SIP for the current month. The SIP has been approved by the Inland
Revenue as a share incentive plan under Schedule 8 to the Finance Act 2000.
Following this transaction the Trustee will hold 101,464 Shares, all of which
are held on behalf of eligible employees pursuant to the terms of the SIP.
The beneficial ownership of the shares awarded under the matching element of
the SIP will pass to Paul Raine, Tony Dyer and Adrian Gunn in three years time
subject to continued employment and the retention of the underlying shares
purchased on their behalf.
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