Holding in Company + Director PDMR

1 February 2013

Gable Holdings Inc.

("Gable" or "the Company")

Holding in Company and Director/PDMR Shareholding

Gable Holdings Inc. (GAH.L), the European non-life insurance company, announces that Kevin Alcock yesterday acquired 520,000 ordinary shares of 0.25 pence each in the Company ("Ordinary Shares") at a price of 48 pence per Ordinary Share. Kevin has been a long term shareholder of the Company and in order to facilitate the demand for this transaction, William Dewsall, Chief Executive of Gable, notified the Company that he has sold 520,000 Ordinary Shares.

Following this transaction William Dewsall holds 24,599,022 Ordinary Shares, which represents 21.71 per cent. of the 113,322,000 Ordinary Shares in issue. Kevin Alcock holds 3,864,702 Ordinary Shares, which represents 3.41 per cent. of the 113,322,000 Ordinary Shares in issue.

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About Gable Holdings Inc

Gable is a European non-life insurance company underwriting a comprehensive range of specialist policies for the commercial sectors in the UK, France, Germany, Norway and Spain. Gable benefits from a low-cost online underwriting platform and the Company has continued to successfully grow its business geographically whilst simultaneously exploiting a range of niche insurance segments which exist across the EU. 

Gable Holdings Inc is quoted on the London Stock Exchange's AIM market (ticker: GAH.L GAH.LN). For further information please visit www.gableholdings.com.