Re. Unauthorised Dealings

RNS Number : 6282R

W.H. Ireland Group PLC

01 May 2009

 



WHI.L

WH Ireland Group plc 

Statement Re. Unauthorised Dealings in Company's Shares

The Board of WH Ireland Group plc (the 'Company') has been made aware that two of its directors, Laurie Beevers and David Youngman, have today agreed a transaction in the Company's shares without board consent.    The board is further disappointed that the directors concerned have chosen to dispose of shares to the controlling shareholder of Blue Oar Securities with whom negotiations concerning a possible Offer were recently terminated.

As announced on 24 April 2009, Messrs.  Beevers and Youngman have been and remain suspended as employees and subject to an internal investigation.  Dealing without board consent is further evidence of the allegations of gross misconduct for which they were suspended from their employment.

Enquiries:

WH Ireland Rupert Lowe Richard Ford	Tel: [phone]
Oriel Securities Tom Durie	Tel: [phone]
Biddicks (Financial PR) Zoe Biddick	Tel: [phone]

 

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