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RNS News release

Company: Titon Holdings Plc
TIDM: TON
Headline: Director/PDMR shareholding
Released: 14:46 06-Jun-06
Number: 1477E

THIS ANNOUNCEMENT REPLACES THE ONE DATED 18 MAY 2006 WHICH WAS RELEASED AT 14:46 WITH RNS NO 2150D

The figures in paragraph 2 have been changed.

Titon Holdings Plc ("the Company")

Director/PDMR shareholding

The Company was notified on 18 May 2006, that Mr. C Jarvis, a director of the company, sold 5,500 ordinary shares of 10p each in the Company ("Ordinary Shares") to Mr C Martin, also a director of the Company. The transaction price was 94 pence per Ordinary Share and occurred on 17 May 2006.

Following this transaction, Mr Jarvis's and Mr Martin's respective beneficial interests in the ordinary share capital of the Company were 61,000 and 57,850 Ordinary Shares, representing 0.5 and 0.5 per cent. of the Company's issued share capital.

Further to the above, the remuneration committee of the Company yesterday granted the following share options to Directors:

  No. of options awarded Exercise Price No. of options held post grant
D Ruffell 14,000 91p 56,000
C Jarvis 10,000 91p 37,000
T Anderson 3,150 91p 13,150

The above options were granted following the expiry of previous options on 16 January 2006.

18 May 2006

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

END

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