CIU.L Regulatory News (CIU)

Cape plc

("Cape" or the "Company") (AIM: CIU)

Director/ PDMR Shareholding

10 May 2011

Vesting of Share Incentives for Directors and employees and Total Voting Rights

Cape plc announces that the three year performance conditions relating to awards over a total of 562,238 Ordinary shares of 25p under the Company's 2007 Performance Share Plan on 28 April 2008 (the "Awards") have been met, and the Awards have vested in full for nil consideration. On 4 May 2011, the Board allotted a total of 562,238 new Ordinary shares of 25p, which will be admitted to AIM under the Block Admission dated 28 September 2010.

The following Directors disclosed to the Company on 10 May 2011 that their interests in the Awards, and the number of Ordinary shares which they sold at an average price of 522.15p per share on 6 May 2011 and 10 May 2011 in part to finance the taxation liabilities arising on vesting, were as follows:

Additionally, and following these transactions, Martin K. May continues to be interested in 1,221,008 share incentive awards over the Company's Ordinary Shares, and Richard Bingham continues to be interested in 611,492 share incentive awards over the Company's Ordinary Shares.

Total Voting Rights

Following the issue of a total of 562,238 Ordinary shares referred to above, Cape advises that, in accordance with the Financial Services Authority's Disclosure and Transparency Rules (the "Rules"), as at the date of this announcement, it has a single class of shares in issue which are admitted to trading on AIM being ordinary shares of 25 pence each ("Ordinary Shares") and that there are 117,904,616 Ordinary Shares in issue, each carrying one vote per Ordinary Share. The Company does not hold any Ordinary Shares in treasury.

The total number of voting rights in the Company's Ordinary Shares is 117,904,616 which may be used by shareholders as the denominator for the calculations by which they will 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 Rules.

Enquiries:

Cape plcJeremy Gorman, Company Secretary

Tel: +44 (0)20 3178 5485

M: CommunicationsPatrick d'Ancona or Ben SimonsTel. +44 (0)20 7920 2330

Numis Securities LimitedNominated Adviser: John Harrison, Managing Director Corporate FinanceCorporate Broker: James Serjeant, Director Corporate BrokingTel. +44 (0)20 7260 1000

JP Morgan Cazenove

Laurence Hollingworth, Head of UK Investment Banking

Patrick Magee, Managing Director, Corporate Finance

Tel. +44 (0)20 7588 2828