NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
1) Name of company
NEW INDIA INVESTMENT TRUST PLC
2) State whether notification is in respect of a transaction notified in accordance with DR 3.1.4R(1)(a) or DR 3.1.4R(1)(b) or both
BOTH
3) Name of director
Victor Bulmer-Thomas
4) State whether notification relates to a person(s) connected with a person discharging managerial responsibilities/director named in 3 above and identify the connected person(s)
N/A
5) Indicate whether notification is in respect of a holding of the person named in 3 or 4 above or in respect of a non-beneficial interest
AS IN 3 ABOVE
6) Class of security
WARRANTS TO SUBSCRIBE FOR ORDINARY SHARES
7) Name of the registered shareholder(s) and, if more than one holder, the number of shares held by each of them (if notified)
-
8) State the nature of the transaction.
Sale
9) Number of shares/amount of stock acquired
-
10) Percentage of issued class acquired
-
11) Number of shares/amount of stock disposed
50,000
12) Percentage of issued class disposed
0.39%
13) Price per share
43.00p
14) Date of transaction
21 May 2009
15) Total holding and percentage holding of issued class following this notification
22,020 ORDINARY SHARES (0.048%)
NIL WARRANTS
16) Date company informed
21 May 2009
Name of contact and telephone number for queries
Judith Wynne TEL: 0131 528 4133
Name and signature of authorised company official responsible for making this notification
Judith Wynne
Date of Notification - 22 May 2009