Director Dealing
10 August 2007
The Board of Jelf Group plc announces that Michael King, Executive Director, yesterday sold 100,000 ordinary shares in the Company at a price of 183p per share to the Jelf Group Employee Benefit Trust (EBT), following the partial exercise of an Option agreement granted by Michael King to the EBT on 9 October, 2006. There remains an Option for the EBT to purchase up to a further 400,000 ordinary shares at the same price at any time up until 22 March, 2009.
Following this sale, Michael King is now interested in 1,480,008 ordinary shares, representing 5.79% of the Company's total issued share capital.
Contact:
Jelf Group plc
Tel: 01454 272 799
Alex Alway, Group Chief Executive
Daniel Stewart & Company plc
Tel: 020 7776 6550
Alastair Cade
Pelham PR
Polly Fergusson
Tel: 020 7743 6362