Last checked at 3 Dec 2013 07:45
Hangar 8 plc ("Hangar8" or "the Company")
Director Shareholding
Hangar 8, one of Europe's largest operators of privately owned passenger jet aircraft, announces it was informed today that, following institutional demand for stock, Dustin Dryden, Chief Executive Office, sold 750,000 ordinary shares on Friday 29 November 2013 at 205p per share. Following this disposal, Mr Dryden has an interest in 3,266,933 ordinary shares representing approximately 34.6 per cent of the issued ordinary share capital of the Company.
Nigel Payne, Non-Executive Chairman, commented, "Dustin has done an exceptional job in building the business and, as the founder of Hangar8, has never sold a share since its inception. By disposing of these shares we have satisfied some institutional demand following the announcement of our final results, and will assist in our desire to improve liquidity."
Enquiries:
Hangar 8 plc |
| +44 (0) 1865 372215 |
Dustin Dryden, Chief Executive Officer |
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Kevin Callan, Chief Financial Officer |
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Citigate Dewe Rogerson |
| + 44 (0) 20 7638 9571 |
Chris Jarvis, Associate Director |
| +44 (0) 7720 084307 |
chris.jarvis@citigatedr.co.uk |
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Jonathan Smith, Director |
| +44 (0)7595 106 280 |
jonathan.smith@citigatedr.co.uk |
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Cantor Fitzgerald Europe |
| +44 (0) 20 7894 7000 |
Mark Percy / Catherine Leftley (Corporate Finance) |
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David Banks / Paul Jewell (Corporate Broking) |
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