22nd Nov 2005 07:02
SMC Group Plc22 November 2005 22 November 2005 SMC Group Plc ("SMC" or "the Company") Director's Shareholding SMC Group Plc ("SMC" or the "Company"), announces that it was informed on 21November that Robert Tyrrell, non-executive director, has purchased 52,500ordinary shares in SMC Group Plc at a price of 93 pence. This purchase represents Mr Tyrrell's entire holding in the Company. For further information please contact: SMC Group Plc Tel: 44 (0)20 7495 5335Stewart McColl Noble & Company Limited Tel: 44 (0)20 7763 2200Matthew Hall Bell Pottinger Tel: 44 (0)20 7861 3232David Rydell/Geoff Callow Appendix Notes to Editors SMC Group Plc is the holding company for a group of architects and designers.It has established expertise in a broad range of sectors, including residential,retail, industrial, workplace, transportation, leisure and education. With theaddition of DTR:UK, the Group has national coverage throughout England, withoffices in London, Warwick, Manchester, Leeds, Birmingham, Liverpool andLancaster, and is engaged in a range of projects throughout the UK, in Eire andin parts of mainland Europe. The Company's core strategy is to create an architectural group with the scaleand expertise to access the most profitable schemes across a range of sectorsand geographical locations. The Group intends to focus on its organic growth,increasing its share of the UK market and securing larger, higher marginprojects. The Group plans to complement this organic growth withearnings-enhancing acquisitions in order to consolidate its geographic andsector coverage. On 5th September 2005 the Company announced its maiden interim results for thesix months ended 30th June 2005. SMC reported turnover of £5.4m (an increase of47% compared to the same period in 2004) and profit before tax of £1.1m (anincrease of 110% compared to the same period in 2004). The Company alsoannounced plans to introduce a maiden dividend in June 2006. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
ARL.L