6th Jul 2015 14:34
RED24 PLC
(the "Group", "Company" or "red24")
Director Dealing
red24, the crisis assistance company, was notified today, 6 July, of the sale by Financial & General Securities Limited ("FGSL"), a broker/dealer in securities, of 240,000 ordinary shares of 1p each at a price of 26.5 pence per Ordinary Share in the Company ("Ordinary Shares"). As a consequence of this sale, FGSL has a holding of 200,000 Ordinary Shares representing 0.41% of the Company's issued share capital.
Simon Richards, chairman of the Company, is a director and has an indirect shareholding of 31.42% in FGSL, although trading decisions by FGSL are taken independently of Mr. Richards. The holding of FGSL is treated as part of Mr. Richards' overall interest in red24.
As a result of the above disposal Mr Richards is now interested in a total of 14,219,250 Ordinary Shares (including the remaining holding of FGSL), representing 29.03% of the Company's issued share capital of which 13,389,250 Ordinary Shares are held by Sidebell Limited, a company in which Mr. Richards is also a director and shareholder.
Enquiries:
Red24 plc | Tel: 0203 291 2424 |
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Simon Richards, Chairman Maldwyn Worsley-Tonks, Chief Executive Officer
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finnCap | Tel: 0207 220 0500 | |||
Julian Blunt, James Thompson, Corporate Finance | ||||
Tony Quirke, Corporate Broking
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Yellow Jersey PR Ltd | Tel: 07768 534641 | |||
Philip Ranger, Kelsey Traynor | ||||
About red24
Red24 is a crisis assistance company that provides a range of security and business support services, offering preventative and reactive advice to help organisations and individuals to avoid or manage security and business risks to themselves, their families and their businesses. Its products and services are distributed through leading international financial service companies.
Related Shares:
REDT.L