20th Jan 2005 07:00
Daniel Stewart Securities PLC20 January 2005 FOR IMMEDIATE RELEASE 20 JANUARY 2005 DANIEL STEWART SECURITIES PLC (AIM) DIRECTORS' SHAREHOLDING The Board of Daniel Stewart Securities plc ("Daniel Stewart" or "the Company"),the smaller company adviser, announces that following institutional demand,Peter Shea and Alastair Cade, both directors of the Company, have reduced theirholdings: Peter Shea sold 3,500,000 shares at 7p per share on Wednesday 19 January 2005.He is now interested in 46,464,068 shares or 22.9% of the issued share capital. Alastair Cade sold 1,000,000 shares at 7p per share on Wednesday 19 January2005. He is now interested in 8,896,067 shares or 4.4% of the issued sharecapital. Commenting Peter Shea, Chief Executive, said: "As the Company had no requirementto raise further funds by the issue of new shares, yet were keen to increase itsinstitutional shareholder base, Alastair Cade and I decided to reduce ourholding to fulfil this demand. Our business continues to grow strongly and wehave a healthy pipeline of new business". Enquiries: DANIEL STEWART SECURITIES PLC Tel: 020 7374 6789Peter SheaAlastair Cade BISHOPSGATE COMMUNICATIONS LIMITED Tel: 020 7430 1600Maxine BarnesDominic Barretto Notes to Editors: About Daniel Stewart Daniel Stewart is an AIM-listed company providing a range of investment banking services to small publicly traded and non-publicly traded Companies. Daniel Stewart and Company is authorised and regulated by the Financial Services Authority and is a member of the London Stock Exchange. For further information visit: www.danielstewart.co.uk This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Daniel Stewart Securities Plc