9 Mar 2009 10:10
Reconstruction Capital II Limited (the "Company")
9 March 2009
Director Shareholding
The Company was today informed that on 6 March 2009 Mr Ion Florescu, a director of the Company, purchased 61,121 ordinary shares of €0.01 each ("Ordinary Shares") at a price of €0.33 per Ordinary Share.
Following this transaction, Mr Ion Florescu is interested in 845,466 Ordinary Shares, representing 0.85% of the total issued share capital of the Company.
It is intended that Mr Florescu will transfer 4,584 of the Ordinary Shares purchased on 6 March to a director of New Europe Capital DOO, one of the investment advisers of the Company, and a further announcement will be made in due course.
For further information, please contact:
Reconstruction Capital II Limited
Ion Florescu
Tel: +44 (0) 7767 477192
Grant Thornton UK LLP (Nominated Adviser)
Philip Secrett
Tel: +44 (0) 20 7383 5100
LCF Edmond de Rothschild Securities (Broker)
Hiroshi Funaki / Claire Heathfield
Tel: +44 (0) 20 7845 5960