Less Ads, More Data, More Tools Register for FREE

Pin to quick picksREDT.L Regulatory News (REDT)

  • There is currently no data for REDT

Purchase by EBT and Director's Dealing

20 Jun 2014 07:00

RNS Number : 0852K
Red24 PLC
20 June 2014
 



RED24 PLC

(the "Group", "Company" or "red24")

Purchase by EBT and director's dealing

 

red24, the crisis assistance company, was notified on 19 June 2014 of the following purchases, on the same day, of ordinary shares of 1p each in the Company ("Ordinary Shares") by the red24 Employees' Share Trust (the "EBT") and by a director.

The EBT purchased 125,000 Ordinary Shares at a price of 17.25 pence per Ordinary Share. This purchase is the first by the Company's recently established EBT and consequently, the EBT holds 125,000 Ordinary Shares representing 0.26 per cent. of the Company's current voting rights.

The EBT is a discretionary trust for the benefit of all employees of the Company and its subsidiaries and has initially been funded by way of a loan from red24. RBC cees Trustee Limited are acting as the trustees of the EBT. The directors of the Company are potentially beneficiaries of Ordinary Shares held in the EBT.

Furthermore, John Mocatta, a non-executive director of the Company, purchased 6,000 Ordinary Shares at a price of 17 pence per Ordinary Share to be held on behalf of the John Mocatta Grandchildren's Trust. Subsequent to this purchase, the John Mocatta Grandchildren's Trust, of which Mr Mocatta is a trustee but has no beneficial interest, is interested in 18,000 Ordinary Shares (representing approximately 0.04 per cent. of the Company's issued share capital). Mr Mocatta is legally and beneficially interested in a further 630,000 Ordinary Shares (representing approximately 1.3 per cent. of the Company's issued share capital).

ENQUIRIES:

red24 plc

Simon Richards, Chairman

Maldwyn Worsley-Tonks, Chief Executive Officer

Tel: 0203 297 2424

 

 

finnCap

Julian Blunt, Henrik Persson, Corporate Finance

Elizabeth Johnson, Corporate Broking

Tel: 0207 220 5000

 

 

Yellow Jersey PR Ltd

Philip Ranger, Kelsey Traynor

Tel: 07768 534641

 

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
 
END
 
 
RDSZMGMVKLDGDZM
Date   Source Headline
15th Dec 20163:05 pmRNSScheme Effective
15th Dec 20167:30 amRNSSuspension - Red24 Plc
14th Dec 20164:15 pmRNSForm 8 (DD) - Maldwyn Worsley-Tonks
14th Dec 20164:14 pmRNSRule 2.9 Announcement
13th Dec 201611:59 amRNSCourt sanction of Scheme of Arrangement
7th Dec 20169:11 amRNSForm 8.3 - RED24 PLC
21st Nov 201612:27 pmRNSResults of Shareholder Meetings
17th Nov 201612:33 pmRNSForm 8.3 - RED24 PLC
11th Nov 20169:59 amRNSForm 8.3 - Red24 PLC
11th Nov 20169:57 amRNSForm 8.3 - Red24 PLC
9th Nov 201611:43 amRNSForm 8.3 - Red24 PLC
9th Nov 20169:46 amRNSForm 8.3 - Red24 PLC
9th Nov 20168:57 amRNSForm 8.3 - Red24 Plc
8th Nov 201611:05 amRNSForm 8.3 - RED24 PLC
8th Nov 20167:00 amRNSForm 8.3 - Red24 PLC - Amended
7th Nov 20162:20 pmRNSForm 8.3 - Red24 PLC
7th Nov 201611:02 amRNSForm 8.3 - RED24 PLC
7th Nov 201610:28 amRNSForm 8.3 - Red24 PLC
4th Nov 20162:56 pmRNSForm 8.3 - Red24 PLC
4th Nov 20169:55 amRNSForm 8.3 - RED24 PLC
2nd Nov 20163:21 pmRNSForm 8.3 - RED24 PLC - Replacement
31st Oct 201610:28 amRNSForm 8.3 - RED24 PLC
31st Oct 20167:00 amRNSForm 8.3 - Red24 PLC
27th Oct 201610:15 amRNSForm 8.3 - RED24 PLC
26th Oct 20167:00 amRNSPosting of Scheme Document and Expected Timetable
26th Oct 20167:00 amRNSTrading Update
18th Oct 20165:21 pmRNSHolding(s) in Company
17th Oct 20162:11 pmRNSHolding(s) in Company
10th Oct 20164:00 pmRNSRecommended offer for red24 plc
28th Sep 20163:04 pmRNSForm 8 (OPD) Red24 PLC Amended
26th Sep 20164:46 pmRNSForm 8 (OPD) Red24 PLC Amended
26th Sep 20167:00 amRNSExtension to deadline
26th Aug 20165:53 pmRNSUpdate regarding Possible Offer
16th Aug 20163:29 pmRNSForm 8.3 - Red24 PLC
12th Aug 20167:00 amRNSForm 8.3 - Red24 PLC
11th Aug 20164:31 pmRNSForm 8 (OPD) - Red24 PLC Amended
11th Aug 20161:02 pmRNSForm 8 (OPD) - iJET International Inc
5th Aug 20162:43 pmRNSForm 8 (OPD) - Red24 PLC
3rd Aug 20164:49 pmRNSForm 8 (DD) - Red24 plc
3rd Aug 20164:46 pmRNSForm 8 (DD) - Red24 plc
3rd Aug 20162:39 pmRNSForm 8 (DD) - Red24 plc
3rd Aug 201612:23 pmRNSResult of AGM
3rd Aug 20167:00 amRNSResponse to iJet International Inc
2nd Aug 20163:18 pmRNSForm 8.3 - Red24 Plc.
2nd Aug 201610:55 amBUSForm 8.3 - Red24 Plc
1st Aug 20166:11 pmRNSPossible offer for Red24 plc
1st Aug 20162:46 pmRNSStatement regarding a Possible Offer
28th Jun 20166:15 pmRNSDividend timetable
28th Jun 20167:00 amRNSFinal Results
3rd May 20167:00 amRNSDirectorate Change

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.