Northacre Plc
11th April 2011
Northacre Plc ("Company")
Director's disclosure
The Company has been notified today that Mr Klas Nilsson, Director, has sold a total of 40,000 ordinary shares of 2.5p ("Ordinary Shares") representing 0.15 per cent of the current issued Ordinary Shares. Of this total, 10,000 Ordinary Shares were sold on 8th April 2011 at 135 pence per share, 15,000 Ordinary Shares were sold on 9th April 2011 at 134.25 pence per share and a further 15,000 Ordinary Shares were sold on 11th April 2011 at 132 pence per share
Following this sale Mr Nilsson now holds 5,060,000 Ordinary Shares representing 18.93 per cent of the issued Ordinary Shares.
11th April 2011
Enquiries:
Northacre PLC
Klas Nilsson - Chairman
Manish Santilale - Finance Director
Tel: (020) 7349 8000
Peel Hunt LLP
Capel Irwin
Tel: (020) 7418 8900