24th Aug 2005 09:58
Aberdeen Asset Management PLC24 August 2005 ABERDEEN ASSET MANAGEMENT PLC Aberdeen Asset Management PLC (the "Company") announces that Martin Gilbert and Bill Rattray have on 23 August 2005 sold 1,200,458 and 225,000 ordinary shares respectively in the Company at a price of 160 pence per share. Mr Gilbert willreceive proceeds of approximately £1.9 million (before tax) which will be used to partially finance the cost of approximately £2.7 million in respect of histake up of new shares under the Company's rights issue. Mr Rattray will receiveproceeds of £360,000 (before tax) which will be used to partially finance thecost of approximately £670,000 in respect of his take up of rights. Andrew Laing has confirmed that he intends to take up in full the rights on theshares he holds at a cost of approximately £189,000. END Contacts: Fiona Piper, The Maitland Consultancy 020 7379 5151 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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