Director/PDMR Shareholding

RNS Number : 3050I

M Winkworth Plc

13 June 2011

 



M Winkworth plc

("Winkworth" or the "Company")

Director's dealings

Winkworth was notified on the 10^th June that Simon Agace, non-executive Chairman of the Company, sold 12,250 ordinary shares in Winkworth ("Ordinary Shares") at 88 pence per share on 8^th June 2011 and also sold 150,000 Ordinary Shares at 88 pence per share and 48,000 Ordinary Shares at 82 pence per share to companies in which he is interested. 

Following these transactions, Mr Agace is interested in a total of 6,124,000 Ordinary Shares, of which 60,000 are held by London & Oxford Limited, a company in which Mr Agace is also a shareholder and 150,000 are held by HKK Investments Ltd. S.A, a company controlled by the wife of Mr Agace.  His new holding in the Company represents 48.3% of the Company's issued share capital.

For further information please contact:

M Winkworth Plc                                      Tel: [phone]

Dominic Agace (Chief Executive Officer)

Chris Neoh (Chief Financial Officer)

FinnCap                                                         Tel: [phone]

Matthew Robinson/Rose Herbert (Corporate Finance)

Tom Jenkins/Stephen Norcross (Corporate Broking)

Milbourne (Public Relations)               Tel: [phone]

Tim Draper

About Winkworth

Winkworth is a leading franchisor of residential real estate agencies and is admitted to trading on the AIM Market of the London Stock Exchange.

Established in Mayfair in 1835, Winkworth has a pre-eminent position in the mid to upper segments of the central London residential sales and lettings markets. In total, the company operates from over 80 offices in the UK, France and Portugal, having doubled in size in recent years.

The franchise model allows entrepreneurial real estate professionals to provide the highest standards of service under the banner of a well-respected brand name and to benefit from the support and promotion that Winkworth offers. Franchisees deliver in-depth local knowledge and a highly personalised service to their clients.

For further information please visit: www.winkworthplc.com

 

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