5th Nov 2007 12:38
Tristel PLC05 November 2007 Tristel plc ("Tristel" or the "Company") Directors' Dealing Tristel announces that Mr Paul Swinney, Chief Executive, and Mr Francisco Soler,Non-Executive Chairman, have today disposed of 700,000 and 1,000,000 ordinaryshares of 1p each ("Shares") respectively at 49p per share in the Company in order to satisfy institutional demand. Separately, Mr Swinney has also todaytransferred 272,727 Shares at 55p per share to Peter Stephens, Non-ExecutiveDirector, as repayment of a personal loan made in August 2005 to settle certain tax and national insurance liabilities arising from his exercise of 2,265,475options upon the Company's admission to AIM on 1st June 2005. Following the sale and transfer Mr Swinney and Mr Stephens are beneficiallyinterested in a total of 1,522,242 and 1,060,681 Shares in Tristel representing6.23 and 4.34 per cent. of the issued share capital of the Company respectively. Mr Soler and his family interests through their related vehicles are as follows: Prior to sale Amount of Current % of Shares Shares sold shareholding Windsor International Corporation 3,450,892 400,000 3,050,892 12.48World Financial Trading Corp 3,450,892 400,000 3,050,892 12.48Atlas World Carriers SA 1,725,444 200,000 1,525,444 6.24 Enquiries: Tristel plc Tel: 01638 721 500Paul SwinneyChief Executive Daniel Stewart & Company Plc Tel: 020 7776 6550Graham Webster Parkgreen Communications Limited Tel: 020 7479 7933Paul McManus This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Tristel