11th Sep 2009 08:53
Cosalt plc
("Cosalt" or "the Company")
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons in accordance with DTR 3.1.4(1)(a)
Directors' Shareholdings following Placing and Open Offer and Firm Placing
Cosalt announces that it has been advised that the Directors have taken up their rights to New Ordinary Shares under the Company's recent Open Offer and Mark Lejman and Mike Reynolds have participated in the Firm Placing. Admission and commencement of dealings in the New Ordinary Shares took place at 8:00 am 2 September 2009. Under the Open Offer, Qualifying Shareholders were entitled to buy 6.8173 Open Offer Shares at five pence for each Existing Ordinary Share held.
The Directors' acquired the following Ordinary Shares pursuant to the Placing and Open Offer and Firm Placing, and now have the following total holdings of New Ordinary shares:
|
Director |
No of New Ordinary Shares acquired in Placing and Open Offer and Firm Placing at five pence |
No of New Ordinary Shares following Placing and Open Offer and Firm Placing |
Total Percentage Holding |
|
David Hobdey |
85,359 |
97,880 |
0.024% |
|
Mark Lejman |
4,873,866 |
4,910,291 |
1.214% |
|
Mike Reynolds |
494,566 |
494,566 |
0.122% |
|
Neil Carrick |
14,091 |
16,158 |
0.004% |
|
David Ross |
57,008,773 |
60,998,069 |
15.083% |
|
John Kelly |
110,849 |
127,109 |
0.031% |
Notes:
Capitalised terms used, but not defined, in this announcement have the same meanings as given to them in a combined circular and prospectus published by Cosalt and circulated to Shareholders on 6 August 2009.
11 September 2009
Enquiries:
|
Cosalt plc |
Tel: 01472 504 504 |
|
Neil Carrick, Company Secretary |
Related Shares:
CSLT.L