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11 Nov 2011 11:24
11 November 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 10 November 2011:
John Gunn, the Non-Executive Chairman of the Company, has sold £80,000 nominal of the Company's Convertible Unsecured Loan Stock at a price of £1.01 per £1 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 £780,850 nominal of this Loan Stock (being 19.46 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) |
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