Terrace Hill Group PLC
("Terrace Hill" or "the Company")
Director Shareholdings
Notification under AIM Rule 17:
The Company was notified on 17 February 2012 of the following purchases by Directors:
Robert Adair, Executive Chairman:
On 16 February 2012, 500,000 ordinary shares of 2p each in the Company;
On 17 February 2012, 500,000 ordinary shares of 2p each in the Company.
The purchase price was 12.5 pence per share. These shares will be used to provide security in respect of an insurance underwriting at Lloyds of London.
Philip Leech, Chief Executive:
On 16 February 2012, 400,000 ordinary shares of 2p each in the Company.
The purchase price was 12.65 pence per share and were purchased by his SIPP.
Following these transactions Robert Adair and Philip Leech are deemed to have total beneficial interests of 131,241,239 and 2,039,447 shares respectively, representing 61.91% and 0.96% respectively of the total issued share capital of the Company.
-Ends-
For further information, please visit www.terracehill.co.ukor contact:
Terrace Hill Tel: 020 7631 1666
Philip Leech
Oriel Securities (Nominated Adviser) Tel: 020 7710 7600
Gareth Price/Mark Young
Notes to editors:
Terrace Hill Group
Terrace Hill Group PLC is a regionally based UK property development and investment group quoted on AIM. Formed in 1986, the Company has five offices located in London, Glasgow, Teesside, Bristol and Manchester.