25th Jan 2011 07:00
CareTech Holdings plc (the 'Company')
25 January 2011
Director's Shareholdings
The Company was notified on 24 January 2010 that the Cosaraf Pension Fund, a Self Administered Scheme established for the benefit of Haroon Sheikh, the Chief Executive Officer of the Company and Farouq Sheikh, the Executive Chairman of the Company, purchased 50,000 Ordinary Shares at a price of 230 pence per share.
Following this transaction Farouq and Haroon Sheikh have a combined notifiable interest in 13,037,500 Ordinary Shares representing 26.29 per cent of the issued share capital of the Company.
Following this transaction the Cosaraf Pension Fund has a notifiable interest in 70,000 Ordinary Shares representing 0.14% of the Company's issued share capital.
Also included within both Farouq Sheikh and Haroon Sheikh's notifiable interests are 10,422,500 Ordinary Shares held by Westminster Holdings Limited, 70,000 Ordinary Shares held by the Cosaraf Pension Fund and 2,060,000 Ordinary Shares held by the Cosaraf Trust.
In aggregate, Farouq and Haroon Sheikh and their connected persons have a notifiable interest in 13,522,500 Ordinary Shares representing 27.27 per cent of the issued share capital of the Company.
For further information, please contact:
CareTech Holdings PLC 01707 601 800
Farouq Sheikh, Executive Chairman
Brewin Dolphin
Matt Davis/Sean Wyndham-Quin 0845 213 4730
Related Shares:
CTH.L