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Director/PDMR Shareholding

10 Nov 2011 12:17

RNS Number : 8776R
Cape plc
10 November 2011
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10 November 2011

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Cape plc

("Cape" or the "Company")

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Director/ PDMR Shareholdings

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Cape plc, the international provider of essential, non-mechanical support services to the energy and mineral resources sectors, was informed on 9 and 10 November 2011 of the following purchase by Directors and their connected parties of the Company's ordinary shares of 25 pence ("Ordinary Shares"):

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Tim Eggar, Non-Executive Chairman, purchased 2,500 Ordinary Shares at a price of 334 pence per share on 9 November 2011, following which he has a beneficial interest in 16,589 Ordinary Shares representing 0.014 per cent of the issued share capital and total voting rights of the Company.

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Martin K May, Chief Executive Officer, purchased 60,000 Ordinary Shares at a price of 341.78 pence per share on 9 November 2011, following which he has a beneficial interest in 690,000 Ordinary Shares representing 0.582 per cent of the issued share capital and total voting rights of the Company.

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Sallyann Merton, the wife of Michael Merton, Non-Executive Director, purchased 2,000 Ordinary Shares at a price of 327.32 pence per share on 9 November 2011. Following this transaction, Michael Merton and his connected parties have a beneficial interest of 2,000 Ordinary Shares representing 0.002 per cent of the issued share capital and total voting rights of the Company.

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Enquiries:

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Cape plc

Jeremy Gorman, Company Secretary

Tel. +44 (0)20 3178 5485

M:Communications

Patrick d'Ancona

Tel. +44 (0)20 7920 2347

Ben Simons

Tel. +44 (0)20 7920 2340

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About Cape:

Cape plc (www.capeplc.com), which is listed on the main market of the London Stock Exchange, provides a range of non-mechanical industrial services including access systems, insulation, painting, coatings, blasting, industrial cleaning, training and assessment to both industrial plant operators and major international engineering and construction companies.

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As a single source provider, Cape is able to provide a range of specialist multi-disciplinary services specifically tailored to meet the needs of the client providing the most intelligent and cost efficient solutions for our customers non-mechanical in-plant maintenance and capital needs.

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In the year ended 31 December 2010, Cape reported revenues of Β£650.1 million. With scale and leading market positions across its international footprint, Cape employs over 18,000 people in 29 countries.

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This information is provided by RNS
The company news service from the London Stock Exchange
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