Mercia Asset Regulatory News (MERC)

22 Jul 2008 10:07



Merchant Securities plc 

22 July 2008

Director/PDMR Shareholding

Merchant Securities plc (the "Company") has today received notification of the following purchases, by persons discharging managerial responsibilities, on 22 July 2008 following the placing of 15,750,000 ordinary shares at 10p each in the Company ("Shares") which was approved at the General Meeting held on 21 July 2008 and which were admitted to trading earlier today:

Director/PDMR Shares  Price Resultant % of Company's

purchased per share (p) interest in  issued ordinary

Shares share capital

Patrick Claridge 1,000,000 10 2,348,028 5.01

Christopher Hyde 500,000 10 500,000 1.07

John East 1,000,000 10 4,495,000 9.58

David Worlidge 500,000 10 2,562,857 5.46

For further information please contact: 

Patrick Claridge Acting Chief Executive 

Merchant Securities plc 020 7375 9060 

Roland Cross Broadgate   020 7726 6111 

Richard Day Arden Partners plc 020 7398 1630 

Matthew Armitt