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Director/PDMR Shareholding

11 Aug 2011 09:49

RNS Number : 1874M
Redstone PLC
11 August 2011
 



Redstone plc

("Redstone" or "the Company")

Directors' Dealing

 

The Company was informed on 10 August 2011 that on that day, MXC Capital, representing the interests of Ian Smith and Tony Weaver, Executive Director and Chief Executive of Redstone respectively, acquired 5,000,000 ordinary shares of 0.1 pence each in the share capital of the Company ("Ordinary Shares") at a price of 1.2 pence per Ordinary Share.

 

Following this transaction, MXC Capital, together with Ian Smith's self invested personal pension, is now interested in 439.5 million Ordinary Shares in the Company, which represents approximately 15.3% of Redstone's issued ordinary share capital.

ENQUIRIES:

Redstone plc

Tel. +44 (0)7887 987469

Peter Hallett, Chief Financial Officer

 

 

 

FinnCap

Tel. +44 (0)20 7600 1658

Marc Young/ Charlotte Stranner

 

 

 

Hansard Communications

Nicholas Nelson/ Guy McDougall

Tel. +44 (0)20 7245 1100

 

 

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