18th Oct 2007 15:45
Admiral Group PLC18 October 2007 Admiral Group plc ("Admiral") has today received notification that The WaterlooTrust, of which David Stevens, a Director of Admiral, is a trustee, has todaysold 3,000,000 ordinary shares in Admiral, representing 1.14% of the totalvoting rights of Admiral. The Waterloo Foundation's shareholding in Admiralfollowing this transaction is 6,884,000 shares, representing 2.65% of the totalvoting rights of Admiral. The purpose of the sale by The Waterloo Foundation isto realise funds to cover its anticipated expenditure over the foreseeablefuture. As such, The Waterloo Foundation does not anticipate any furtherdisposal of its holding in Admiral in the foreseeable future. Admiral has also today been informed that David Stevens purchased 200,000ordinary shares in Admiral, representing 0.08% of the total voting rights ofAdmiral, at a price of 950 pence per share. David Stevens's beneficial holdingin Admiral following this acquisition is 10,084,000 ordinary shares,representing 3.84% of the total voting rights of Admiral. For further information, please contact: AdmiralLouisa Scadden 029 2043 4394 Financial DynamicsRobert Bailhache 0207 269 7200 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Admiral