22 Dec 2009 15:59
Charles Stanley Group PLC
("Charles Stanley" or "the Company")
2009/10 Interim Dividend - Scrip Alternative and changes to PDMR Interests pursuant to Disclosure Rule 3.1.2
Charles Stanley announces that elections have been made by 175 shareholders to receive 60,590 ordinary shares of 25 pence each in the Company ("Shares") in lieu of cash in respect of all or part of their interim dividend for the six months to 30 September 2009 ("Interim Dividend"), to be paid on 23 December 2009.
Application has therefore been made for the admission ("Admission") of 60,590 new Shares to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's market for listed securities. The new Shares will rank pari passu with the Company's existing issued Shares and dealings are expected to commence on Wednesday 23 December 2009.
Pursuant to Disclosure Rule 3.1.2, the resultant interests, upon Admission, of certain Directors, PDMRs and their Connected Persons who have elected to receive the Interim Dividend in the form of shares are set out below:
| PDMR/Director | Sir David Howard Bt. | Michael R.I. Lilwall | E. Michael Clark | Philip Nathan | Stephen C. King | Gary Teper | Venetia Malpas | J. Andrew Butcher | N.M.W. Anderson |
| Connected Persons | Lady Valerie Howard; James Howard; Trustees of the Lady Howard Estate; Queen Street Securities; Trustees of Charles Stanley Pension Fund | J. Lilwall; Trustees of the M.R.I. Lilwall SIPP | P.A. Clark | Trustees of the P C Nathan SIPP; H-A Nathan | J. King | Trustees of the Constantia SIPP; J. Teper | Trustees of the V.J. Malpas SIPP | A.M. Butcher | Trustees of the N.M.W. Anderson SIPP |
| Notification in respect of PDMR/Connected Person or Non-Beneficial Interest | Connected Persons& Non beneficial interest | PDMR & Connected Person | PDMR & Connected Person | PDMR & Connected Person | PDMR & Connected Person | Connected Persons | PDMR & Connected Person | Connected Person | Connected Person |
| Description of Shares (including class) | 25p Ordinary Shares | 25p Ordinary Shares | 25p Ordinary Shares | 25p Ordinary Shares | 25p Ordinary Shares | 25p Ordinary Shares | 25p Ordinary Shares | 25p Ordinary Shares | 25p Ordinary Shares |
| Name of registered shareholder and number of shares | Rock Nominees Ltd | Rock Nominees Ltd | Rock Nominees Ltd | Rock Nominees Ltd | Rock Nominees Ltd | Rock Nominees Ltd | Rock Nominees Ltd | Rock Nominees Ltd | Rock Nominees Ltd |
| Nature of transaction | Acquisition of shares following scrip dividend election | Acquisition of shares following scrip dividend election | Acquisition of shares following scrip dividend election | Acquisition of shares following scrip dividend election | Acquisition of shares following scrip dividend election | Acquisition of shares following scrip dividend election | Acquisition of shares following scrip dividend election | Acquisition of shares following scrip dividend election | Acquisition of shares following scrip dividend election |
| No. of shares acquired /transferred and % of ISC | Sir David Howard: 8,891 (0.02%) Lady Valerie Howard: 3,891 (0.01%) Queen Street Securities: 16,133 (0.036%) James Howard: 5,029 (0.01%) Trustees of the Lady Howard Estate: 268 (0.001%) Non Beneficial Trustees of Charles Stanley Group Pension Fund: 1,802 (0.004%) | Michael Lilwall: 76 (0.0001%) J. Lilwall: 57 (0.0001%) Trustees of JCL SIPP 16 (0.00004%) Trustees of the MRIL SIPP: 464 (0.001%) | E. Michael Clark: 3,059 (0.007%) P. A. Clark: 3,173 (0.007%) | Philip Nathan: 3,227 (0.007%) Trustees of P Nathan SIPP: 1,258 (0.002%) H-A Nathan: 100 (0.0002%) | Stephen C. King: 188 (0.0004%) J. King: 83 (0.0002%) | Trustees of the Constantia SIPP: 181 (0.0004%) J. Teper: 38 (0.0001%): | Venetia Malpas: 61 (0.0001%): Trustees of the V.J. Malpas SIPP: 76 (0.0001%) | A. Butcher: 19 (0.00004%) | Trustees of the N.M.W. Anderson SIPP: 83 (0.0002%) |
| No. of shares disposed and % of ISC | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Price of share | 270p | 270p | 270p | 270p | 270p | 270p | 270p | 270p | 270p |
| Date of transaction | 23 December 2009 | 23 December 2009 | 23 December 2009 | 23 December 2009 | 23 December 2009 | 23 December 2009 | 23 December 2009 | 23 December 2009 | 23 December 2009 |
| Total holding | Sir David Howard: 7,435,000 (16.73%) Lady Valerie Howard: 2,530,000 (5.69%) James Howard: 622,316 (1.40%); Trustees of the Lady Howard Estate: 33,190 (0.07%); Queen Street Securities: 2,000,000 (4.50%); Trustees of Charles Stanley Group Pension Fund: 222,996 (0.50%) | Michael Lilwall: 69,914 (0.16%); Julie Lilwall: 9,073 (0.02%) | E. Michael Clark: 381,532 (0.86%); P. Clark: 392,609 (0.88%) | Philip Nathan: 557,893 (1.26%) H-A Nathan 12,959 (0.03%) | Stephen King: 28,772 (0.06%); J. King: 7,913 (0.01%) | G. Teper: 25,422 (0.06%); Julia Teper: 4,770 (0.01%) | Venetia Malpas: 21,549 (0.05%) | A.M. Butcher: 19,448 (0.04%) | Trustees of the N.M.W. Anderson SIPP: 13,359 (0.03%) |
| Date issuer informed | 22 December2009 | 22 December 2009 | 22 December 2009 | 22 December 2009 | 22 December 2009 | 22 December 2009 | 22 December 2009 | 22 December 2009 | 22 December 2009 |
Upon Admission the total number of Shares in issue, and therefore the total number of voting shares, will be 44,446,012 shares. There are no shares held in Treasury. The above figure may be used by shareholders to determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Service Authority's Disclosure and Transparency Rules.
Gary Teper
Company Secretary 020 7149 6266