Last checked at 26 Oct 2010 17:41
26 October 2010
Dillistone Group Plc
("Dillistone" or the "Company")
Notification of Significant Shareholder dealings
Dillistone, the AIM quoted supplier of recruitment software, was today made aware that Herald Investment Management purchased 566,000 ordinary shares of 5 pence each in the issued share capital of the Company ("Ordinary Shares") and Unicorn Asset Management purchased 50,000 Ordinary Shares on 26 October 2010 at 150 pence per Ordinary Share. Following the purchases Herald Investment Management now holds 566,000 Ordinary Shares representing approximately 9.99 per cent. of the issued share capital of Dillistone and Unicorn Asset Management, which had a holding of 205,773 Ordinary Shares, representing approximately 3.63 per cent. of the issued share capital of Dillistone, now holds 255,773 Ordinary Shares representing approximately 4.51 per cent. of the issued share capital of Dillistone. In order to satisfy the majority of the demand for these Ordinary Shares the following Significant Shareholders (as defined under the AIM Rules for Companies) sold a total of 608,465 Ordinary Shares, on 26 October 2010 at 150 pence per Ordinary Share. The Company was notified of this today.
| Name | Ordinary Shares held prior to sale | % of Ordinary Share held prior to sale | Number of Ordinary Shares sold | Number of Ordinary Shares held post sale | % of Ordinary Shares held post sale |
| James McLaughlin | 1,012,350 | 17.87% | 154,976 | 857,374 | 15.13% |
| Robert Howells | 331,145 | 5.84% | 81,145 | 250,000 | 4.41% |
| Martin Hill | 325,145 | 5.74% | 186,172 | 138,973 | 2.45% |
| Mike Bryan | 325,145 | 5.74% | 186,172 | 138,973 | 2.45% |
Contacts:
Mike Love Dillistone Group Plc 0207 749 6100
Chairman
Jason Starr Dillistone Group Plc 0207 749 6100
Managing Director
Emily Staples (Nomad) Religare Capital Markets 0207 444 0800
Daniel Briggs (Broker) Religare Capital Markets 0207 444 0500