11th Jan 2013 10:07
Redstone plc
("Redstone" or "the Company")
Directors' Dealings
The Company was informed on 9 January 2013 that 46,620,000 ordinary shares were transferred, pursuant to a trust agreement, to the underlying beneficiaries, having previously been held as nominee by MXC Capital Limited ("MXC Capital") (representing the interests of Ian Smith and Tony Weaver (Non Executive Director and Chief Executive of the Company respectively)) for third parties.
The total number of ordinary shares held by MXC Capital (representing Ian Smith and Tony Weaver's beneficial interests) together with Ian Smith's self invested personal pension plan remain unchanged at 684,928,675 ordinary shares representing 15.6% of the Company's issued share capital of the Company (of which 50,000,000 are held in Ian Smith's SIPP).
Enquiries:
Redstone plc Tony Weaver, Chief Executive Peter Hallett, Chief Financial Officer | Tel. +44 (0)845 201 0000
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finnCap Marc Young / Charlotte Stranner | Tel. +44 (0)20 7220 0500 |
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Newgate Threadneedle Josh Royston / Hilary Millar | Tel. +44 (0)20 7653 9850
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Related Shares:
CTP.L