Director/PDMR Shareholding

RNS Number : 6904J

Carphone Warehouse Group PLC

08 December 2008

 



Monday 8 December 2008

For immediate release

The Carphone Warehouse Group PLC (The 'Company')

Director's Dealings and Board Change

On 7 December 2008, the Company received notification from David Ross, a Director of the Company, that he had, through various agreements between 2006 and 2008 and as part of a package of security comprising other assets of substantial value, pledged 136.4 million ordinary shares in the Company against personal loans.  

David Ross has also notified the Company that none of these loans is currently in default and that he has no current intention to sell any of his shares in the Company. In addition, he has given an undertaking to the Board to facilitate an orderly market, where possible, for any potential future disposal of shares in the Company.

David Ross has tendered his resignation as a Director of the Company with immediate effect and will continue to pursue his various other business interests.

No other Director of the Company has granted security over or entered into any financial instruments relating to any of their holdings of ordinary shares in the Company.

There will be a conference call for investors and analysts at 8am GMT this morning. The dial-in number is [phone].

Enquiries

Investors and analysts:

Peregrine Riviere                [phone]

Carla Bloom                       [phone]

Media:

Anthony Carlisle                 [phone]

Citigate Dewe Rogerson     [phone]

 

END

 

 

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