Clarification of Sir Nigel Ru

RNS Number : 8765N

Pendragon PLC

18 June 2010

 



17 June 2010

Clarification of Sir Nigel Rudd's Holding in Pendragon

"Pendragon announced on 17 June 2010 that it has been advised by one if its directors, Sir Nigel Rudd, that he has recently completed a transaction in the Company's shares. This was a routine announcement in accordance with the Disclosure and Transparency Rules. The transaction was a disposal of 7 million ordinary shares to an investment company whose holdings are 100% beneficially owned by Sir Nigel. The number of shares and proportion of the issued share capital held by Sir Nigel beneficially therefore remains unchanged as a result of this transaction. Both before and after this transaction Sir Nigel's beneficial holding is 11 million shares, representing 1.66% of the Company's issued share capital."

Enquiries:

Pendragon PLC	Trevor Finn, Chief Executive	Tel:	01623 725114
Finsbury	Rollo Head/Philip Walters	Tel:	0207 2513801

 

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