Directors Dealing/Share Buy-Back

Servoca plc

("Servoca" or "the Group")

Directors Dealing / Share Buy-Back

Servoca, the AIM listed specialist outsourcing and recruitment solutions provider, announces that on 9 January 2015 it bought back 50,000 ordinary shares of 1p each in the Group ("Ordinary Shares") at a price of 18.55 pence per share and a further 25,000 Ordinary Shares at a price of 18.066 pence per share ("the Purchase"). This Purchase was in accordance with the terms of its general authority to make market purchases of its own shares granted to it by shareholders of the Company and a share buyback agreement the Group entered into with finnCap on 7 January 2015.  

The Company has agreed to sell these 75,000 shares to Andy Church, Chief Executive Officer of the Company at 18.39p per share. Following this transaction Andy Church has a beneficial interest in 6,889,413 Ordinary Shares in the Company representing 5.49% of the voting rights of the Company.

The Company advises that, following the Purchase, the Company's issued ordinary share capital remains unchanged. The total number of Ordinary Shares with voting rights is now 125,575,953. This figure represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

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