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Director/PDMR Shareholding

14 Jun 2012 08:19

RNS Number : 3560F
Terrace Hill Group PLC
14 June 2012
 



Terrace Hill Group PLC

("Terrace Hill" or "the Company")

 

 

Director Shareholdings

 

Notification under AIM Rule 17:

 

 

The Company was notified on 13 June 2012 of the following purchases by Directors:

 

Robert Adair, Executive Chairman:

On 12 June 2012, 375,000 ordinary shares of 2p each in the Company at a price of 9.605 pence per share, purchased for his pension fund;

On 12 June 2012, 870,000 ordinary shares of 2p each in the Company at a price of 9.75 pence per share. These shares will be used to provide security in respect of insurance underwriting at Lloyds of London.

 

Philip Leech, Chief Executive:

On 13 June 2012, 100,000 ordinary shares of 2p each in the Company at a price of 9.75 pence per share, purchased for his personal account.

 

 

Following these transactions Robert Adair and Philip Leech are deemed to have total beneficial interests of 132,816,239 and 2,389,447 shares respectively, representing 62.66% and 1.13% respectively of the total issued share capital of the Company.

 

-Ends-

For further information, please visit www.terracehill.co.ukor contact:

Terrace Hill Tel: 020 7631 1666Philip Leech

Oriel Securities (Nominated Adviser) Tel: 020 7710 7600

Gareth Price/Mark Young

 

Notes to editors:

 

Terrace Hill Group

Terrace Hill Group PLC is a regionally based UK property development and investment group quoted on AIM. Formed in 1986, the Company has five offices located in London, Glasgow, Teesside, Bristol and Manchester.

 

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