Director/PDMR Shareholding

RNS Number : 8365F

Cenkos Securities PLC

29 May 2013

 



29 May 2013

Cenkos Securities plc ("Cenkos" or "the Company")

Director's shareholding

Jeremy Warner Allen a director of the Company has today paid up the outstanding required premium of 86.5 pence per share being the amount due in respect of 269,834 of the B shares that he held in the Company.

The B shares were issued on a partly-paid basis to certain senior management (including Jeremy Warner Allen) prior to the Company's admission and trading on AIM in October 2006. At that time under the terms of the issue the full nominal value was paid (1 penny per share) and an undertaking was given to pay the required premium (86.5 pence per share). The B shares were not admitted to trading on AIM, however upon payment of the required premium the B shares would convert into ordinary shares and an application would be made to admit the ordinary shares to trading on AIM.  The required payment has now been received an application to admit these ordinary shares to trade on AIM has been made.

Following the conversion of these shares Jeremy Warner Allen's holding in the Company is now 1,558,700 ordinary shares in the Company representing 2.45% of the issued share capital of the Company. He previously held 1,288,866 ordinary shares and 269,834 B shares in the Company representing in total 2.45% of the issued share capital of the Company. The ordinary shares and B shares had equal voting and dividend rights.

Enquiries:

Stephen Doherty                                           020 7397 8900

Company Secretary

Cenkos Securities plc

Nick Donald                                                     020 7991 1504

HSBC (Nomad)                                                                 

 

END

 

 

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