Director/PDMR Shareholding

RNS Number : 5978W
Close Brothers Dev VCT PLC
12 June 2008
 



CLOSE BROTHERS DEVELOPMENT VCT PLC

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS



This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).


 (1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24 - see below.

 (2) An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24 - N/A.

 (3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24 - N/A.

 (4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24 - N/A.



1. Name of the issuer


Close Brothers Development VCT PLC


2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or


(ii) DR 3.1.4(R)(1)(c) a disclosure made in accordance with section 793 of the Companies Act 2006; or


(iii) both (i) and (ii)


Notification in accordance with (iii)


3. Name of person discharging managerial responsibilities/director


Mr G Vero (Director)


4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person


Mr G Vero (Director)


5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest


Mr G Vero (direct holding)


6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares


Ordinary shares of 50p each


7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them


Mr G Vero


8 State the nature of the transaction


Purchase of shares


9. Number of shares, debentures or financial instruments relating to shares acquired


12,000


10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)


0.04%


11. Number of shares, debentures or financial instruments relating to shares disposed


Nil


12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)


N/A


13. Price per share or value of transaction


82p



14. Date and place of transaction


11 June 2008


15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)


12,000 (0.04%)


16. Date issuer informed of transaction


11 June 2008


Name of contact and telephone number for queries


Patrick Reeve - tel: 020 7422 7830


12 June 2008




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