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30 Dec 2010 07:00
Charles Stanley Group PLC
("Charles Stanley" or "the Company")
2010 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 214 shareholders to receive 80,449 ordinary shares of 25 pence each in the Company ("Shares") in lieu of cash in respect of all or part of their interim dividend ("Interim Dividend"), to be paid on 31 December 2010.
Application has therefore been made for the admission ("Admission") of 80,449 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 31 December 2010.
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 Final Dividend in the form of shares are set out below:
PDMR/Director | Sir David Howard Bt. | Michael R.I. Lilwall | Peter A. Hurst | Stephen C. King | Gary Teper | E. Michael Clark | Venetia Malpas
| Philip Nathan | N.M.W. Anderson |
Connected Persons | Lady Valerie Howard
James Howard;
Trustees of the Lady Howard Estate;
Queen Street Securities Limited;
Trustees of the Charles Stanley & Co Retirement Benefit Scheme.
| Julie Lilwall;
Trustees of the M.R.I. Lilwall SIPP;
Trustees of the JCL SIPP.
| Trustees of the Charles Stanley & Co Retirement Benefit Scheme.
| Trustees of the Charles Stanley & Co Retirement Benefit Scheme.
| Trustees of the Constantia SIPP;
Julia Teper. | P.A. Clark. | Trustees of the V.J. Malpas SIPP. | Trustees of the EBS Happy Years SIPP;
H.A. Nathan. | Trustees of the N.M.W. Anderson ESQ. SIPP. |
Notification in respect of PDMR/Director or Connected Person or Non-Beneficial Interest | Connected Person & Non-Beneficial Interest | PDMR & Connected Person | Non-Beneficial Interest | PDMR and Non-Beneficial Interest | Connected Person | PDMR & Connected Person | PDMR & Connected Person | PDMR & 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 | Lady Valerie Howard: 10,000 (0.02%);
James Howard: 5,992 (0.01%);
Trustees of the Lady Howard Estate: 319 (0.0007%);
Queen Street Securities Limited: 15,100 (0.033%);
Trustees of the Charles Stanley & Co Retirement Benefit Scheme: 2,880 (0.006%). | Michael Lilwall: 91 (0.0002%);
Trustees of the M.R.I. Lilwall SIPP: 711 (0.0015%);
J. Lilwall: 133 (0.0002%);
Trustees of the JCL SIPP: 19 (0.00004%).
| Trustees of the Charles Stanley & Co Retirement Benefit Scheme: 2,880 (0.006%).
| Stephen C. King: 245 (0.0005%);
Trustees of the Charles Stanley & Co Retirement Benefit Scheme: 2,880 (0.006%).
| Trustees of the Constantia SIPP: 216 (0.0004%);
J. Teper: 45 (0.0001%).
| E. Michael Clark: 3,693 (0.008%);
P.A. Clark: 3,735 (0.008 %). | Venetia Malpas: 85 (0.0001 %);
Trustees of the V.J. Malpas SIPP: 89(0.0001%). | Trustees of the EBS Happy Years SIPP: 1,530 (0.003%);
Philip Nathan: 3,706 (0.008 %);
H.A. Nathan 122 (0.0002 %). | Trustees of the N.M.W. Anderson ESQ. SIPP: 118 (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 | 267.95p | 267.95p | 267.95p | 267.95p | 267.95p | 267.95p | 267.95p | 267.95p | 267.95p |
Date of transaction | 31 December 2010 | 31 December 2010 | 31 December 2010 | 31 December 2010 | 31 December 2010 | 31 December 2010 | 31 December 2010 | 31 December 2010 | 31 December 2010 |
Total holding | Sir David Howard Bt: 7,460,000 (16.6%);
Lady Valerie Howard: 2,540,000 (5.68%)
James Howard: 648,340 (1.45%);
Trustees of the Lady Howard Estate: 34,577 (0.077%);
Queen Street Securities: 2,070,100 (4.6%);
Non Beneficial
Trustees of the Charles Stanley & Co Retirement Benefit Scheme: 311,573 (0.69%). | Michael Lilwall: 90,580 (0.20%);
Julie Lilwall: 16,545 (0.03%) | Peter A. Hurst: 147,634 (0.33%)
Non Beneficial
Trustees of the Charles Stanley & Co Retirement Benefit Scheme: 311,573 (0.69%)
| Stephen King: 30,310 (0.06%);
Non Beneficial
Trustees of the Charles Stanley & Co Retirement Benefit Scheme: 311,573 (0.69%)
| Trustees of the Constantia SIPP: 27,136 (0.06%);
Julia Teper: 4,968 (0.01%)
| E. Michael Clark: 403,320 (0.90 %)
P.A. Clark: 404,113 (0.90%) | Venetia Malpas: 22,713 (0.05 %)
| Philip Nathan: 570,313 (1.2 %)
H.A. Nathan: 13,234 (0.02 %) | Trustees of the N.M.W. Anderson ESQ. SIPP: 16,587 (0.03%) |
Date issuer informed | 30th December 2010 | 30th December 2010 | 30th December 2010 | 30th December 2010 | 30th December 2010 | 30th December 2010 | 30th December 2010 | 30th December 2010 | 30th December 2010 |
Additional information | The percentages in the notification above are based on the issued share capital following admission of the new Shares on 31 August 2010. Upon Admission the total number of Shares in issue, and therefore the total number of voting shares, will be 44,717,226 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. Copies of the Scrip Dividend Scheme Circular have been lodged with the National Storage Mechanism at www.hemscott.com/nsm.do. | ||||||||
Gary Teper
Company Secretary 020 7149 6627
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