Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGlobalData Regulatory News (DATA)

Share Price Information for GlobalData (DATA)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 227.00
Bid: 225.00
Ask: 229.00
Change: 1.00 (0.44%)
Spread: 4.00 (1.778%)
Open: 226.50
High: 227.00
Low: 226.00
Prev. Close: 226.00
DATA Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Director Shareholding

20 Oct 2010 17:26

RNS Number : 7396U
Datacash Group PLC
20 October 2010
 



NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

 

For Immediate Release

DataCash Group Plc. ("DataCash" or the "Company")

Director shareholding

 

20th October, 2010

 

Ashley Head, chairman of the Company, has today notified the Company that yesterday, pursuant to the terms of a call option granted by Mr Head to Hurlstone Limited in 2006, Mr Head sold 27,708,338 shares (representing 29.9% per cent. of the issued share capital of the Company) to Hurlstone Limited at a price of £1.27 per share. Such transfer taking place in London.

 

Following such sale Mr Head is beneficially interested in 12,424,175 shares representing 13.41 per cent. of the issued share capital of the Company.

 

-END-

Enquiries

 

Paul Burton, Chief Financial Officer 0870 727 4761

 

Dealing disclosure requirements

Under Rule 8.3(a) of the Code, any person who is interested in 1% or more of any class of relevant securities of DataCash or of any paper offeror (being any offeror other than an offeror in respect of which it has been announced that its offer is, or is likely to be, solely in cash) must make an Opening Position Disclosure following the commencement of the offer period and, if later, following the announcement in which any paper offeror is first identified.

An Opening Position Disclosure must contain details of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) DataCash and (ii) any paper offeror(s). An Opening Position Disclosure by a person to whom Rule 8.3(a) applies must be made by no later than 3.30 pm (London time) on the 10th business day following the commencement of the offer period and, if appropriate, by no later than 3.30 pm (London time) on the 10th business day following the announcement in which any paper offeror is first identified. Relevant persons who deal in the relevant securities of DataCash or of a paper offeror prior to the deadline for making an Opening Position Disclosure must instead make a Dealing Disclosure.

Under Rule 8.3(b) of the Code, any person who is, or becomes, interested in 1% or more of any class of relevant securities of DataCash or of any paper offeror must make a Dealing Disclosure if the person deals in any relevant securities of DataCash or of any paper offeror. A Dealing Disclosure must contain details of the dealing concerned and of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) DataCash and (ii) any paper offeror, save to the extent that these details have previously been disclosed under Rule 8. A Dealing Disclosure by a person to whom Rule 8.3(b) applies must be made by no later than 3.30 pm (London time) on the business day following the date of the relevant dealing.

If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire or control an interest in relevant securities of DataCash or a paper offeror, they will be deemed to be a single person for the purpose of Rule 8.3.

Opening Position Disclosures must also be made by DataCash and by any offeror and Dealing Disclosures must also be made by DataCash, by any offeror and by any persons acting in concert with any of them (see Rules 8.1, 8.2 and 8.4).

Details of the offeree and offeror companies in respect of whose relevant securities Opening Position Disclosures and Dealing Disclosures must be made can be found in the Disclosure Table on the Takeover Panel's website at www.thetakeoverpanel.org.uk, including details of the number of relevant securities in issue, when the offer period commenced and when any offeror was first identified. If you are in any doubt as to whether you are required to make an Opening Position Disclosure or a Dealing Disclosure, you should contact the Panel's Market Surveillance Unit on +44 (0)20 7638 0129.

Publication of this announcement

A copy of this announcement will be available subject to certain restrictions relating to persons resident in restricted jurisdictions on DataCash's website.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
RDSEAKEEAAAEFFF
Date   Source Headline
1st Mar 20167:00 amRNSFinal Results
26th Jan 201611:02 amRNSHoldings in Company and Director Shareholding
25th Jan 20168:00 amRNSCompletion of Acquisition and Disposal
19th Jan 20161:31 pmRNSResult of General Meeting
23rd Dec 20157:00 amRNSAcquisition and Disposal
18th Dec 20157:00 amRNSPossible Acquisition and Disposal
1st Sep 20157:03 amRNSCompletion of Acquisition
27th Jul 20157:01 amRNSInterim Results
27th Jul 20157:00 amRNSAcquisition of Business Assets from Informa plc
21st Apr 201512:52 pmRNSResult of Annual General Meeting
27th Mar 20157:00 amRNSAnnual Report and Accounts and Notice of AGM
2nd Mar 20157:00 amRNSFinal Results
4th Dec 20147:00 amRNSPre-Close Trading Update
7th Oct 20142:36 pmRNSHolding(s) in Company
5th Aug 20143:02 pmRNSNotification of Major Interests in Shares
30th Jul 20145:06 pmRNSAcquisition Completion
28th Jul 20147:00 amRNSInterim Results
17th Jul 20141:39 pmRNSNew Banking Facilities
8th Jul 20147:00 amRNSAcquisition of CurrentAnalysis Inc.
23rd Apr 20147:34 amRNSResult of AGM
31st Mar 20147:00 amRNSIssue of Equity
14th Mar 20147:00 amRNSIssue of Equity
7th Mar 201412:21 pmRNSIssue of Equity and Director's Dealings
24th Feb 20147:00 amRNSPreliminary Results
2nd Jan 20147:00 amRNSAcquisition
10th Dec 20137:00 amRNSAcquisition
29th Jul 20137:00 amRNSInterim Results
24th May 20139:05 amRNSCapital Reduction
22nd May 201311:18 amRNSCapital Reduction
24th Apr 20131:09 pmRNSResult of AGM and GM
12th Apr 20137:00 amRNSAdditional listing
26th Mar 20137:00 amRNSProposed Capital Reduction and Consolidation
25th Feb 20137:00 amRNSPreliminary Results
12th Nov 20127:00 amRNSAdviser Change of Name
26th Jul 20127:00 amRNSInterim Statement
5th Jul 20127:00 amRNSTrading Update
30th Apr 20127:00 amRNSDirectors' Dealings
27th Apr 201210:53 amRNSResult of AGM and EGM
5th Apr 20127:00 amRNSProposed Placing
2nd Apr 20122:46 pmRNSAnnual report and accounts and Notice of AGM
22nd Mar 201212:57 pmRNSDirector/PDMR Shareholding
6th Mar 20127:09 amRNSFinal Results
5th Mar 20127:00 amRNSChange of Adviser
27th Sep 201111:33 amRNSDirector/PDMR Shareholding
1st Aug 20117:00 amRNSInterim Results
6th Jul 20117:00 amRNSBoard Appointments
28th Apr 20114:18 pmRNSResult of AGM
31st Mar 20117:00 amRNSAnnual report and accounts and Notice of AGM
3rd Mar 20117:00 amRNSPreliminary Results
9th Dec 20104:10 pmRNSDirector/PDMR Shareholding

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.