Crimson Tide Regulatory News (TIDE)

21 Jul 2008 07:00

Crimson Tide Plc (the "Company")

Director Dealing

21 July 2008

The Company announces that in order to transfer part of his current share holding in the Company into his SIPP, on 18 July 2008, Graham Ashley, Non-executive Director, sold 1,700,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") representing approximately 0.53 per cent of the current issued ordinary share capital of the Company ("Issued Share Capital") at a price of 1.25 pence per Ordinary Share. Mr Ashley's SIPP then purchased 1,700,000 Ordinary Shares at a price of 1.25 pence per Ordinary Share, representing approximately 0.53 per cent of the Issued Share Capital. 

Following these transactions, Graham Ashley's total holding in the Company remains unchanged at 17,000,000 Ordinary Shares, representing approximately 5.33 per cent of the Issued Share Capital. 

Crimson Tide plc 01892 542 444

Barrie Whipp, Chairman

W H Ireland 0121 265 6330

Katy Birkin