Director/PDMR Shareholding

Gable Holdings Inc.

("Gable" or "the Company")

Director/PDMR Shareholding

Gable Holdings Inc. (GAH.L), the European non-life insurance company, announces that William Dewsall, Chief Executive Officer of Gable, has today sold 500,000 ordinary shares of 0.25 pence each in the Company ("Ordinary Shares") at a price of 54 pence per Ordinary Share, to a trust in which the spouse and children of Michael Sofaer, non-executive Chairman, are the beneficiaries, following an agreement in principle, reached between them after the AGM held on 30 July 2013.

Following this transaction William Dewsall holds 24,367,622 Ordinary Shares, which represents 21.5 per cent. of the 113,322,000 Ordinary Shares in issue.

Following this transaction Mr Sofaer's interest for the purposes of the AIM rules is 500,000 which represents 0.4 per cent. of the Ordinary Shares in issue.

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About Gable Holdings Inc

Gable is a European non-life insurance company underwriting a comprehensive range of specialist policies for the commercial sectors in the UK, France, Denmark, Germany, Italy, Norway and Spain. Gable benefits from a low-cost online underwriting platform and the Company has continued to successfully grow its business geographically whilst simultaneously exploiting a range of niche insurance segments which exist across the EU. 

Gable Holdings Inc is quoted on the London Stock Exchange's AIM market (ticker: GAH.L GAH.LN). For further information please visit www.gableholdings.com.