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Repurchase of Loan Notes / Director Shareholding

20 Jan 2010 08:00

RNS Number : 8127F
Private & Commercial Fin Group Plc
20 January 2010
 



Private & Commercial Finance Group plc

Repurchase of Loan Notes

Director / PDMR Shareholding

Private & Commercial Finance Group plc (the "Company") announces that on 19 January 2010 the Company repurchased 49,600 8% Convertible Unsecured Loan Notes 2013 of £1 each in the Company at price of 77p per loan note. The loan notes purchased will be cancelled. Following the cancellation, there will be 2,515,411 8% Convertible Loan Notes 2013 in issue.

The Company also announces that it was notified on 19 January 2010 that Robert Murray, a director of the Company, had on that day sold 250,000 ordinary shares of 5p each in the Company at a price of 6.75p per share. Following the sale, Mr. Murray has an interest in 998,340 ordinary shares in the Company, representing 1.89% of the issued share capital.

Enquiries:

Private & Commercial Finance Group plc

Robert Murray / Scott Maybury

020 7222 2426

Westhouse Securities Limited (Nominated Adviser)

Tim Feather / Matthew Johnson

0113 246 2610

Daniel Stewart & Company plc (Broker)

Martin Lampshire / Graham Webster

020 7776 6550

St Brides Media and Finance

Felicity Edwards

020 7236 1177

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