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Director's Dealing

23 Sep 2013 07:00

RNS Number : 6069O
Red24 PLC
23 September 2013
 

RED24 PLC

("red24" or "the Company")

 

DIRECTOR'S DEALING

 

 

red24, the international provider of risk management services, was on 20 September 2013 notified that, on the same day, Financial & General Securities Limited ("FGSL") sold 240,000 ordinary shares of 1p each in the capital of the Company ("Ordinary Shares") at a price of 15.75 pence per Ordinary Share.

 

Whilst Simon Richards, chairman of the Company, is a director and a shareholder in FGSL, trading decisions by FGSL are taken independently of Mr Richards. As a consequence of this sale, FGSL has a holding of 260,000 Ordinary Shares. Mr Richards is now interested in a total of 14,259,250 Ordinary Shares (including the remaining holding of FGSL), representing 29.1% of the Company's issued share capital) of which 13,389,250 Ordinary Shares are held by Sidebell Limited, a company in which Mr Richards is also a director and shareholder.

 

Enquiries:

 

red24 plc +44(0) 20 3291 2424

 

Simon Richards Chairman

Maldwyn Worsley-Tonks CEO

 

 

finnCap Ltd +44 (0) 20 7220 0500

Stuart Andrews / Henrik Persson / Simon Hicks Corporate Finance

Brian Patient / Victoria Bates Corporate Broking

 

 

About red24:

red24 is a crisis assistance company that provides a range of security and business support services, offering preventative and reactive advice to help organisations and individuals to avoid or manage security and business risks to themselves, their families and their businesses. Its products and services are distributed through leading international financial service companies.

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