Director Shareholding

9 Feb 2006 07:02

Hawtin PLC09 February 2006 Hawtin PLC ("the Company") received notification on 8 February 2006 that on thatdate Panther Securities PLC ("Panther") and its major shareholder PortnardLimited ("Portnard") each disposed of 9,898,000 (nine million eight hundred andninety eight thousand) ordinary shares in the Company at a price of 18.25 penceper share. Mr Andrew Perloff, a non-executive director of the Company, is ChiefExecutive of Panther. Portnard is controlled by Mr Perloff and his familytrusts. Panther and Portnard retain 1,372,912 (one million three hundred andseventy two thousand, nine hundred and twelve) and 132,400 (one hundred andthirty two thousand four hundred) ordinary shares respectively whichcollectively amount to 2.1% of the issued ordinary share capital. The Company were notified on 8 February that the shares disposed by Panther andPortnard were purchased by Gracelands Investments Limited who now hold21,500,000 (twenty one million, five hundred thousand) ordinary shares whichrepresents 29.97% of the issued ordinary share capital. This information is provided by RNS The company news service from the London Stock Exchange