Transfer of shares by a direc

RNS Number : 5231V

Spice PLC

13 July 2009

 



13 July 2009

Transfer of shares by a director of Spice plc ("Spice" or "the Company")

The Company has been notified today that Oliver Lightowlers, Group Finance Director of Spice,  transferred to his spouse 126,364 ordinary shares of 2 pence each at £nil per share on 13 July 2009.

The Company has been informed by Oliver Lightowlers that this transfer has been undertaken for tax planning reasons.

Oliver Lightowlers' shareholding in Spice, including connected parties, remains unchanged at 176,365 shares (representing approximately 0.05 per cent of the ordinary issued share capital of the Company).

This disclosure has been made for the purposes DTR3.1.4(1)(a). The transaction took  place in Leeds.

Spice plc	Tel: [phone]
Simon Rigby, Chief Executive Officer
Oliver Lightowlers, Group Finance Director
Financial Dynamics	Tel: [phone]
Billy Clegg
Caroline Stewart
KBC Peel Hunt (Broker)	Tel: [phone]
Julian Blunt (Corporate finance)
Matthew Tyler (Corporate broking)

NOTES TO EDITORS

Spice plc

Spice is a total utility infrastructure support services business. The Group's operations were founded in 1996 and have their origins in the electricity industry, although the range of activities has since been expanded into other niche areas. The Group is organised into two divisions to match its utility customer base; a Supply Division; and a Distribution Division.  Spice's businesses have a common theme of delivering and co-ordinating infrastructure services to customers, and the technological element within the product mix has been built up significantly over the course of the last three years.

 

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