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Repurchase of Loan Notes / Director Shareholding

20 Jan 2010 08:00

RNS Number : 8127F
Private & Commercial Fin Group Plc
20 January 2010
 



Private & Commercial Finance Group plc

Repurchase of Loan Notes

Director / PDMR Shareholding

Private & Commercial Finance Group plc (the "Company") announces that on 19 January 2010 the Company repurchased 49,600 8% Convertible Unsecured Loan Notes 2013 of £1 each in the Company at price of 77p per loan note. The loan notes purchased will be cancelled. Following the cancellation, there will be 2,515,411 8% Convertible Loan Notes 2013 in issue.

The Company also announces that it was notified on 19 January 2010 that Robert Murray, a director of the Company, had on that day sold 250,000 ordinary shares of 5p each in the Company at a price of 6.75p per share. Following the sale, Mr. Murray has an interest in 998,340 ordinary shares in the Company, representing 1.89% of the issued share capital.

Enquiries:

Private & Commercial Finance Group plc

Robert Murray / Scott Maybury

020 7222 2426

Westhouse Securities Limited (Nominated Adviser)

Tim Feather / Matthew Johnson

0113 246 2610

Daniel Stewart & Company plc (Broker)

Martin Lampshire / Graham Webster

020 7776 6550

St Brides Media and Finance

Felicity Edwards

020 7236 1177

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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