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Director Shareholding

16th Jun 2005 14:17

Accident Exchange Group PLC16 June 2005 Accident Exchange Group plc ("the Company") The Company has been informed that, consequent to the Placing and SecondaryPlacing announced by the Company on 10 June 2005 ("the Placing"), MartinAndrews, a Director of the Company, acquired 8,116 Ordinary Shares of 5p each inthe Company on 10 June and 9,275 Ordinary Shares of 5p each on 16 June, all at aprice of 230p per share. As a result, he now has a total holding of 17,391shares, representing approximately 0.03% of the Company's enlarged issued sharecapital. Further, it should be noted that, consequent to the Placing and the admission totrading on AIM yesterday of 3,478,261 new Ordinary Shares of 5p each, SteveEvans, a Director of the Company, has had his holding of 31,661,571 OrdinaryShares of 5p each diluted from 51.28% to 48.54% of the enlarged issued sharecapital of the Company. For confirmation, Steve Evans has not sold any shares,the reduction in his percentage holding has arisen because of the issue of newOrdinary Shares. This information is provided by RNS The company news service from the London Stock Exchange

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ACE.L
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