CCAP.L Regulatory News (CCAP)

11 Apr 2008 11:19

Charlemagne Capital Limited11 April 2008 11 April 2008 Charlemagne Capital Purchases of Shares by Directors On 10 April 2008, Charlemagne Capital Limited ("Charlemagne", the "Company"),was notified of the following purchases of shares in the Company by Directors orinterests connected with Directors: •The trustee of a trust which is intended to benefit Jayne Sutcliffe, an executive Director of the Company, and her family had purchased, on 10 April 2008, 610,000 ordinary shares of US$0.01 each of Charlemagne's issued share capital, at an average price, before expenses, of approximately 40.80 pence per share. As a result of this purchase, Jayne Sutcliffe and her family now have potential interests, as beneficiaries of discretionary trusts, in a total of 31,480,456 ordinary shares of US$0.01 each, representing 11.08% of the issued share capital. •The trustee of a trust which is intended to benefit David Curl, an executive Director of the Company, and his family had purchased, on 10 April 2008, 100,000 ordinary shares of US$0.01 each of Charlemagne's issued share capital, at an average price, before expenses, of approximately 40.80 pence per share. As a result of this purchase, David Curl and his family now have potential interests as beneficiaries of a discretionary trust in 13,671,041 ordinary shares of US$0.01 each, representing 4.81% of the issued share capital. •On 10 April 2008, Anderson Whamond, an executive Director of the Company, had purchased 73,840 Ordinary Shares of US$0.01 each of Charlemagne's issued share capital, at an average price, before expenses, of approximately 40.41 pence per share. As a result of this purchase, Anderson Whamond and his family now have interests in a total of 4,600,000 ordinary shares of US$0.01 each, representing 1.62% of the issued share capital. •On 10 April 2008, David McMahon, an executive Director of the Company, purchased 363,200 ordinary shares of US$0.01 each of Charlemagne's issued share capital at an average price, before expenses, of approximately 40.41 pence per share. As a result of this purchase, David McMahon now owns 5,000,000 ordinary shares of US$0.01 each, representing 1.76% of the issued share capital. •The trustee of a trust which is intended to benefit Lord Lang of Monkton, a non-executive Director of the Company, and his family had purchased, on 10 April 2008, 20,000 ordinary shares of US$0.01 each of Charlemagne's issued share capital at a price, before expenses, of 41.00 pence per share. As a result of this purchase, Lord Lang and his family now have potential interests in 40,000 ordinary shares of US$0.01 each representing 0.01% of the issued share capital. •On 10 April 2008, Jane Bates, an executive Director of the Company, purchased 25,000 Ordinary Shares of US$0.01 each of Charlemagne's issued share capital at a price, before expenses, of approximately 40.41 pence per share. As a result of this purchase, Jane Bates now owns 25,000 Ordinary Shares of US$0.01 each representing 0.01% of the issued share capital. Enquiries Charlemagne Capital 01624 640200Jane Bates, Company Secretary Smithfield Consultants 020 7360 4900John KielyGeorge HudsonTom Hardman This information is provided by RNS The company news service from the London Stock Exchange