Adams Regulatory News (ADA)

16 Jul 2008 15:48



Dawnay, Day Carpathian PLC 

16 July 2008 

Dawnay, Day Carpathian PLC

("Carpathian" or the "Company")

Director's Dealings

The Board of Carpathian has been informed that on 14 July 2008, the following transactions took place:

Dawnay, Day International Limited ("DDI") sold 200,000 CFDs over Carpathian shares at 39p per share. It no longer has a beneficial interest in Carpathian.

Dawnay, Day Properties Limited ("DDP") sold 2,269,738 CFDs over Carpathian shares at 39p per share. It no longer has a beneficial interest in Carpathian.

Jetpath Limited ("Jetpath") sold 414,223 CFDs over Carpathian shares at 39p per share.

Starlight Investments Limited ("Starlight") sold 998,698 CFDs over Carpathian shares at 39p per share. Starlight also sold 3,215,986 CFDs over Carpathian shares at 38.5p per share.

Jetpath and Starlight are companies in which Peter Klimt, a non-executive director of the Company, and persons connected with him, are indirectly interested in as shareholders. 

Following these transactions, DDI and DDP no longer have any holdings in Carpathian.  Mr Klimt remains interested in 3,514,029 ordinary shares of 1p each in the Company and 4,975,460 CFDs (of which 3,775,460 CFDs are held by Jetpath and 1,200,000 are held by Starlight) over ordinary shares of 1p each in the Company, representing 3.70% of the issued share capital of the Company.

Enquiries: 

Dawnay, Day Carpathian PLC 

Paul Rogers 020 7834 8060 

IOMA Fund and Investment Management Limited

Philip Scales 01624 681250