CSLT.L Regulatory News (CSLT)

14 Sep 2007 13:08

Cosalt PLC14 September 2007 NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS This form is intended for use by an issuer to make a RIS notification requiredby DR 3.1.4R(1). (1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.(2) An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24. (3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24. (4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. Please complete all relevant boxes in block capital letters. 1. Name of the issuer COSALT PLC 2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii) IN RESPECT OF (iii) 3. Name of person discharging managerial responsibilities/director MATTHEW ROY PEACOCK 4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person HANOVER GENERAL PARTNER I LIMITED HANOVER I FUND LP WHERE THE SHARE REGISTERED IN THE NAME OF VIDACOS NOMINEES LIMITED HANOVER I MASTER FUND LP WHERE THE SHARES ARE REGISTERED IN THE NAME OF VIDACOS NOMINEES LIMITED 5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest IN RESPECT OF 4 ABOVE 6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares ORDINARY 25P SHARES 7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them VIDACOS NOMINEES LIMITED (2,178,726) HELD ON BEHALF OF HANOVER GENERAL PARTNER I LIMITED FOR HANOVER I MASTER FUND LP AND HANOVER I FUND LP. 8. State the nature of the transaction PURCHASE OF SHARES ON BEHALF OF HANOVER GENERAL PARTNER I LIMITED ALREADY NOTIFIED AS MAJOR INTERESTS IN SHARES. 9. Number of shares, debentures or financial instruments relating to shares acquired 225,000 10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) 1.52% 11. Number of shares, debentures or financial instruments relating to shares disposed - 12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) - 13. Price per share or value of transaction 360P 14. Date and place of transaction 14 SEPTEMBER 2007, LONDON 15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) MATTHEW PEACOCK BY INTEREST IN HANOVER PARTNER I LIMITED IS INTERESTED IN 2,403,726 SHARES (16.25%) 16. Date issuer informed of transaction 14 SEPTEMBER, 2007 If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes 17. Date of grant - 18. Period during which or date on which it can be exercised - 19. Total amount paid (if any) for grant of the option - 20. Description of shares or debentures involved (class and number) - 21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise - 22. Total number of shares or debentures over which options held following notification - 23. Any additional information - 24. Name of contact and telephone number for queries N R CARRICK 01472 504504 Name and signature of duly authorised officer of issuer responsible for making notification This information is provided by RNS The company news service from the London Stock Exchange