GCLA.L Regulatory News (GCLA)

28 Feb 2008 07:00

Grupo Clarin S.A.28 February 2008 NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIALRESPONSIBILITY 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 theshares 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 theshares 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 and17 to 24. (4) An issuer making a notification in respect of a financial instrumentrelating to the shares of the issuer (other than a debenture) should completeboxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. Please complete all relevant boxes should in block capital letters. 1. Name of the issuer GRUPO CLARIN S.A. .................................... 2. State whether the notification relates to (i) a transaction notified inaccordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made inaccordance with section 324 (as extended by section 328) of the Companies Act1985; or (iii) both (i) and (ii): .................................... 3. Name of person discharging managerial responsibilities/director LUCIO RAFAEL PAGLIARO (DIRECTOR) .................................... 4. State whether notification relates to a person connected with a persondischarging managerial responsibilities/director named in 3 and identify theconnected person NOTIFICATION RELATES TO BROOKSTONE INVESTMENTS LIMITED, A COMPANY UNDER THEINDIRECT CONTROL OF MR. LUCIO RAFAEL PAGLIARO. .................................... 5. Indicate whether the notification is in respect of a holding of the personreferred to in 3 or 4 above or in respect of a non-beneficial interest 4 ABOVE .................................... 6. Description of shares (including class), debentures or derivatives orfinancial instruments relating to shares CLASS B COMMON SHARES OF THE COMPANY, WITH NOMINAL VALUE OF ONE (1) ARGENTINEPESO PER SHARE IN THE FORM OF GLOBAL DEPOSITARY SHARES .................................... 7. Name of registered shareholders(s) and, if more than one, the number ofshares held by each of them LUCIO RAFAEL PAGLIARO Number of shares: (direct and indirect)20,487,827 COMMON SHARES BROOKSTONE INVESTMENTS LIMITED Number of Shares:(direct and indirect) NONE .................................... 8. State the nature of the transaction ACQUISITION OF CLASS B COMMON SHARES IN THE FORM OF GLOBAL DEPOSITARY SHARES .................................... 9. Number of shares, debentures or financial instruments relating to sharesacquired BROOKSTONE INVESTMENTS LIMITED Number of shares: 125,000 GDSs, representing 2 Class B Common Shares each .................................... 10. Percentage of issued class acquired (treasury shares of that class shouldnot be taken into account when calculating percentage) BROOKSTONE INVESTMENTS LIMITED Percentage: 0.0870% of CLASS B COMMON SHARES .................................... 11. Number of shares, debentures or financial instruments relating to sharesdisposed N/A .................................... 12. Percentage of issued class disposed (treasury shares of that class shouldnot be taken into account when calculating percentage) N/A .................................... 13. Price per share or value of transaction 20,000 GDS at US$ 15.00 PER GDS 20,000 GDS at US$ 14.00 PER GDS 20,000 GDS at US$ 14.00 PER GDS 5,000 GDS at US$ 13.00 PER GDS 8,500 GDS at US$ 13.50 PER GDS 11,500 GDS at US$ 13.50 PER GDS 20,000 GDS at US$ 13.50 PER GDS 20,000 GDS at US$ 13.49 PER GDS ................................... 14. Date and place of transaction 20,000 on 31 JANUARY 2008, LONDON 20,000 on 07 FEBRUARY 2008, LONDON 20,000 on 07 FEBRUARY 2008, LONDON 5,000 on 11 FEBRUARY 2008, LONDON 8,500 on 25 FEBRUARY 2008, LONDON 11,500 on 27 FEBRUARY 2008, LONDON 20,000 on 28 FEBRUARY 2008, LONDON 20,000 on 28 FEBRUARY 2008, LONDON .................................... 15. Total holding following notification and total percentage holding followingnotification (any treasury shares should not be taken into account whencalculating percentage) LUCIO RAFAEL PAGLIARO: (directly and indirectly, EXCLUDINGTHROUGH BROOKSTONE INVESTMENTS LIMITED): 20,487,827 COMMON SHARES (7.13% OFOUTSTANDING CAPITAL STOCK) BROOKSTONE INVESTMENTS LIMITED: 250,000 COMMON SHARES (0.087% OF OUTSTANDING CAPITAL STOCK) .................................... 16. Date issuer informed of transaction 28 JANUARY 2008 .................................... If a person discharging managerial responsibilities has been granted options bythe 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 befixed at the time of exercise .................................... 22. Total number of shares or debentures over which options held followingnotification .................................... 23. Any additional information N/A .................................... 24. Name of contact and telephone number for queries IN BUENOS AIRES:ALFREDO MARIN/M. JULIA DIAZ ARDAYAGRUPO CLARINEMAIL: INVESTORS@GRUPOCLARIN.COM IN LONDON:ALEX MONEY/TOM ALLISONTEMPLE BAR ADVISORYTEL: +44 20 7002 1080EMAIL: CLARIN@TEMPLEBARADVISORY.COM IN NEW YORK:MELANIE CARPENTER/PETER MAJESKII-ADVIZE CORPORATE COMMUNICATIONSTEL: +1 212 406 3692EMAIL: CLARIN@I-ADVIZE.COM .................................... Name and signature of duly authorised officer of issuer responsible for makingnotification ALFREDO MARIN, Responsible for Market Relations, Grupo Clarin S.A. .................................... Date of notification 28 JANUARY 2008 .................................... This information is provided by RNS The company news service from the London Stock Exchange