Director/PDMR Shareholding (Replacement)

RNS Number : 7154V

Pittards PLC

17 January 2012

 



The 'Director / PDMR Shareholding' announcement released on 17 January 2012 at 15:00 under RNS No 7062V has been withdrawn and should be disregarded. It is a duplicate of RNS No 6038U which was previously released on 23 December 2011 at 11:23.

The correct announcement is detailed below.

PITTARDS PLC

(AIM: PTD)

Director / PDMR Shareholding

Pittards plc ("Pittards" or "the Company"), the specialist producer of technically advanced leather and luxury leather goods for sale to retailers, manufacturers and distributors, has been informed that on 17 January 2012 Chamberlain Plastics Limited ("CPL"), a company in which Stephen Boyd, Chairman is deemed beneficially to be interested, sold 1,683,333 ordinary shares of 1p each in the Company to Stephen Boyd at a price of 3p per share. There is therefore no change in the underlying beneficial interest.

The sale was undertaken to assist CPL's working capital requirements.

CPL continues to own 1,516,667 shares and Stephen Boyd now owns 17,683,333 shares in Pittards, representing approximately 4 per cent in aggregate of the issued share capital.

Pittards does not expect to release its Preliminary announcement of results for the year ended 31 December 2011 before 19 March 2012.

Contacts:
Pittards plc	www.pittards.com
Jill Williams, Finance Director	[phone]
WH Ireland Limited	www.wh-ireland.co.uk
John Wakefield / Marc Davies	[phone]

 

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