29 May 2012 07:00
For Immediate Release 29 May 2012
Moss Bros Group plc (the "Company")
Change in Shareholding and Directorate
Further to the announcement made on 29 March 2012, by the Trustees of the H.A. Cann Settlement Accumulation and Maintenance Fund ("the Trust") Moss Bros announces that it has been advised by the Trust that they have sold their entire stake in the Company being 28,349,772 ordinary shares of 5 pence each fully paid ("Ordinary Shares") representing 28.6% of the issued share capital of the Company.
The shares were sold at a price of 43 pence to institutional investors.
Simon Berwin, having served as Board representative for the Trust, will be stepping down from the Board of the Company with immediate effect.
For further information please contact:
Moss Bros Group Plc: 0207 447 7200
Robin Piggott, Finance Director and Company Secretary
Peel Hunt LLP: 0207 418 8861
Dan Webster/ Matthew Armitt/ Richard Brown
Buchanan: 0207 466 5000
Charles Ryland/ Nicola Cronk/ Gabriella Clinkard