Director's Share Holding

Findel PLC

25 November 2011



25 November 2011

Findel plc ("Findel")

DIRECTOR'S SHARE HOLDING

The Company has been notified by Mr. Eric Tracey, a non executive director of the company, that it has recently come to light that, as a result of an external administrative error, his rights pursuant to the Rights Issue concluded in March 2011 were not taken up. His rights comprised the right to subscribe for 125,000 new ordinary shares at an aggregate price of £8,175 on the terms set out in the Prospectus and associated documents issued by the company on 11 February 2011. The Prospectus included a statement that the directors then holding shares in the company intended to take up their rights. Mr Tracey has also informed the company that he intends to purchase 125,000 shares in the company as soon as he is clear to deal in the shares of the company following the release of the Company's interim results on 29 November 2011. To the extent that he buys shares at prices lower than the rights issue price, any resultant surplus will be donated to a charity.

-Ends-

For further information, please contact:

Findel plc

Mark Ashcroft, Company Secretary

T: +44 (0)161 303 3465

Tulchan Communications

Stephen Malthouse

Susanna Voyle

Lucy Legh

T: +44 (0)207 3534200

This information is provided by RNS

The company news service from the London Stock Exchange

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