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Director/PDMR Shareholding

8th Aug 2011 07:28

RNS Number : 9112L
Redstone PLC
08 August 2011
 



Redstone plc

("Redstone" or "the Company")

Director's Dealing

 

The Company was informed on 5 August 2011 that on 3 August 2011, Ian Smith, Executive Chairman of Redstone, acquired 100,000 ordinary shares of 0.1 pence each in the share capital of the Company ("Ordinary Shares") at a price of 1.4 pence per Ordinary Share through his self invested personal pension and on 5 August 2011 acquired 100,000 Ordinary Shares at a price of 1.3 pence per Ordinary Share and 250,000 Ordinary Shares at a price of 1.275 pence per Ordinary Share.

 

Following this transaction, Ian Smith is now interested in 402.7 million Ordinary Shares in the Company via MXC Capital and his self invested person pension, which represents approximately 15.14% of Redstone's issued ordinary share capital. MXC Capital represents the interests of Ian Smith and Tony Weaver, Chief Executive of Redstone.

ENQUIRIES:

Redstone plc

Tel. +44 (0)7887 987469

Peter Hallett, Chief Financial Officer

 

 

 

FinnCap

Tel. +44 (0)20 7600 1658

Marc Young/ Charlotte Stranner

 

 

 

Hansard Communications

Nicholas Nelson/ Guy McDougall

Tel. +44 (0)20 7245 1100

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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