This announcement replaces the Director/PDMR Shareholding released on the RNS system on the RNS no 3017M on Thursday 20 May at 16.45. An amendment has been made to the last paragraph, to read "purchase" instead of "sale". The full announcement text appears below.
Northacre Plc ("Company")
Directors' disclosure
The Company has been notified today that Mr Mohamed Al Rafi, Director, has purchased through his investment company, MAR Investments Ltd, 2,340,000 ordinary shares of 2.5p ("Ordinary Shares") at 28.00 pence per share representing 8.76 per cent of the current issued Ordinary Shares.
Following this purchase MAR Investments Ltd (Mr Al Rafi) now holds 7,985,000 Ordinary Shares representing 29.87 per cent of the issued Ordinary Shares.
20th May 2010.
Enquiries:
Northacre PLC
Klas Nilsson - Chairman
Manish Santilale - Finance Director
Tel: (020) 7349 8000
KBC Peel Hunt Ltd
Capel Irwin
Tel: (020) 7418 8900