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Directors' Dealings

10 Jan 2011 10:50

RNS Number : 1685Z
Redstone PLC
10 January 2011
 



Redstone plc

("Redstone" or "the Company")

Directors' Dealings

 

The Company was informed on 7 January 2011 that on that date, the following transactions took place:

 

MXC Capital, representing the interests of Ian Smith and Tony Weaver, Executive Chairman and Chief Executive Officer respectively, acquired 1,750,000 ordinary shares of 0.1 pence each in the share capital of the Company ("Ordinary Shares") at a price of 1.4 pence per Ordinary Share. Following this transaction, MXC Capital now holds 401.75 million Ordinary Shares, which represents 15.1% of the Company's issued ordinary share capital.

 

Richard Ramsay, Non-Executive Director, acquired 3,481,200 Ordinary Shares at a price of 1.42 pence per Ordinary Share. Following this transaction, Richard holds 3,481,200 Ordinary Shares, representing 0.13% of the Company's issued ordinary share capital.

 

ENQUIRIES:

Redstone plc

Tel. +44 (0)7887 987469

Peter Hallett, Chief Financial Officer

 

 

 

FinnCap

Tel. +44 (0)20 7600 1658

Marc Young, Charlotte Stranner

 

 

 

Hansard Communications

Justine James

Tel. +44 (0)20 7245 1100

+44 (0) 7525 324431

 

 

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