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Director Declaration

7 Oct 2011 15:44

RNS Number : 8204P
Rotala PLC
07 October 2011
 



7 October 2011

Rotala plc

("Rotala" or "the Company" or "the Group")

 

 

Directors' Dealings

 

Rotala has been notified of the following Director's Dealing which occurred on 7 October 2011:

 

John Gunn, the Non-Executive Chairman of the Company, has sold £25,000 of the Company's Convertible Unsecured Loan Stock at a price of £1.01 per £1 nominal unit. This Loan Stock bears a coupon of 8% per annum and is repayable on 31 December 2014 or is convertible into ordinary shares of the Company at a rate of 45 pence per share at any time up to that date. Following this sale John Gunn has an interest, directly and indirectly, in £860,850 nominal units of this Loan Stock (being 21.32 per cent. of the loan stock currently in issue).

 

For further information please contact:

 

Rotala Plc

John Gunn, Chairman

020 7602 7500

Simon Dunn, Chief Executive

07825 808 525

Kim Taylor, Group Finance Director

07825 808 529

Numis Securities Limited

020 7260 1000

David Poutney (Corporate Broker); Stuart Skinner/Richard Thomas (Nominated Adviser)

 

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