Dillistone Regulatory News (DSG)

2 May 2007 07:01

Dillistone Group PLC02 May 2007 Dillistone Group Plc Dillistone Group Plc the specialist recruitment software company, announcesthat, following a series of institutional visits on 27th April, certain of theDirectors and Founder Shareholders (as defined in its Admission document dated14th June 2006) have agreed to sell shares to new investors in order to meetdemand. In addition, certain of the Directors and Founder Shareholders have alsoagreed to release shares to the market, in order to aid liquidity and to enablethe market to meet its further obligations following the release of shares bythe directors on 20th April 2006 and the appointment of an additional marketmaker. Details of the number of shares sold, the prices at which they were sold, andresultant shareholdings are as follows: No. Sold Price at which Shareholding % held SoldJim McLaughlin 50,954 £1.70 993,433 18.4Jason Starr 59,669 £1.70 1,159,006 21.5Rory Howard 59,669 £1.70 1,159,006 21.5Robert Howells 17,427 £1.70 331,145 6.1Giles Fearnley 17,427 £1.70 331,145 6.1Michael Bryan 17,427 £1.70 331,145 6.1Martin Hill 17,427 £1.70 331,145 6.1 All the sales took place on 1st May 2007, and the company was informed of thetransactions on the same day. Under the terms of the Placing agreement, consentwas obtained from Blue Oar Securities Plc prior to dealings taking place. Enquiries: Jason Starr, Managing Director, Dillistone Group Plc - Tel: 020 7749 6100John Wakefield, Director, Blue Oar Securities Plc - Tel: 0117 933 0020 This information is provided by RNS The company news service from the London Stock Exchange