6 Sep 2016 16:38
For immediate release | 6 September 2016 |
RedstoneConnect Plc
("the Company")
Director(s) Dealings
RedstoneConnect Plc (AIM:REDS), a leading provider of technology and services for smart buildings and commercial spaces, was notified on 6 September 2016 that, on that day, Mark Braund, CEO of the Company, purchased 275,000 ordinary shares at an average price of 1.8459 pence per ordinary share.
Following the transaction, Mr. Braund has a beneficial interest in 14,485,316 ordinary shares representing approximately 0.9% of the issued share capital of the Company.
In addition, the Company was informed on 2 September 2016 that, on that date, Spencer Dredge, CFO of the Company, sold (and his Self-Invested Personal Pension immediately re-bought) 1,392,857 ordinary shares in the Company. The sale of ordinary shares in Mr. Dredge's own name to his Self-Invested Personal Pension was made at 1.9 pence per ordinary share.
Following this transaction, there has been no change to the total beneficial holding of Mr. Dredge and he continues to be interested in 3,212,652 ordinary shares representing approximately 0.2% of the issued share capital of the Company.
For more information please contact:
RedstoneConnect Plc | via Vigo Communications |
Mark Braund (CEO) Spencer Dredge (CFO) www.redstoneconnectplc.com
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Cantor Fitzgerald Europe (Nominated Adviser & Joint Broker) | +44 (0)20 7894 7000 |
Marc Milmo/Phil Davies/Catherine Leftley/Callum Butterfield
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Whitman Howard Limited (Joint Broker) | +44 (0)20 7659 1234 |
Nick Lovering
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Vigo Communications (Financial PR Advisers) | +44 (0)20 7830 9700 |
Jeremy Garcia/Ben Simons/Antonia Pollock reds@vigocomms.com
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About RedstoneConnect Plc
RedstoneConnect is focused on technologies that make real estate more efficient and businesses more effective. Its businesses, Redstone and Connect IB, provide the infrastructure capabilities and the software applications to deliver smart building and smart workspace solutions for commercial businesses, public sector organisations, real estate owners and managers. Visit our website at www.redstoneconnectplc.com.