4th Sep 2008 15:02
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSON DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS
This form is intended for use by an issuer to make a RIS notification required by DR 2.1.4R(1).
Please complete all relevant boxes should in block capital letters.
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1. |
Name of the issuer REGUS GROUP PLC |
2. |
State whether the notification relating to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii) (i) |
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3. |
Name of person discharging managerial responsibilities/director MARK DIXON |
4. |
State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person N/A |
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5. |
Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest NOTIFICATION IN RESPECT OF HOLDING OF MARK DIXON |
6. |
Description of shares (including class) , debentures or derivatives or financial instruments relating to shares ORDINARY SHARES |
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7. |
Name of registered shareholders(s) and, if more than one, the number of shares held by each of them SEE BOX 8 |
8. |
State the nature of the transaction A LOAN OF £7.7M FROM BEAR STEARNS TO MARK DIXON HAS BEEN TRANSFERRED FROM BEAR STEARNS TO MERRILL LYNCH. AS A RESULT, COLLATERAL OVER 164,621,391 SHARES HAS BEEN RELEASED BY BEAR STEARNS AND COLLATERAL BY WAY OF LIEN OVER 26,500,000 SHARES, (OR, IF HIGHER, 8 DAYS WORTH OF TRADING BASED ON THE 3 MONTH AVERAGE DAILY TRADING VOLUME) HAS BEEN GRANTED TO MERRILL LYNCH. |
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9. |
Number of shares, debentures or financial instruments relating to shares acquired N/A |
10. |
Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) N/A |
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11. |
Number of shares, debentures or financial instruments relating to shares disposed N/A |
12. |
Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) N/A |
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13. |
Price per share or value of transaction N/A |
14. |
Date and place of transaction 2 September 2008 |
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15. |
Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) 359,058,783 (37.9%) |
16. |
Date issuer informed of transaction 3 September 2008 |
If a person discharging managerial responsibilities has been granted options by the issuer
complete the following boxes
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17. |
Date of grant N/A |
18. |
Period during which or date on which it can be exercised N/A |
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19. |
Total amount paid (if any) for grant of the option N/A |
20. |
Description of shares or debentures involved (class and number) N/A |
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21. |
Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise N/A |
22. |
Total number of shares or debentures over which options held following notification N/A |
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23. |
Any additional information N/A |
24. |
Name of contact and telephone number for queries TIM REGAN, COMPANY SECRETARY +44 1932 895059 |
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Name and signature of duly authorised office of issuer responsible for making notification ___________________________________________________________ Date of notification ___4 September 2008_____________________ |
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Related Shares:
RGU.L