Directors Dealing & Issue of Equity

RNS Number : 0400E

Croma Security Solutions Group PLC

07 May 2013

 



7 May 2013

Croma Security Solutions Group Plc

("CSSG" or the "Company")

Director Dealing and Issue of Equity

Director Dealing

Croma Security Solutions Group plc (LON:CSSG) the AIM listed total security services provider, announces that it has been notified that Lord Percy, a Director of the Company, purchased 7,500 ordinary shares of 5 pence each in the Company ("Ordinary Shares") at a price of 19.75 pence each on 3 May 2013.

Following this transaction, Lord Percy is interested in 279,500 Ordinary Shares, representing approximately 1.8% of the issued share capital of the Company.

Issue of Equity

The Company further announces that pursuant to the Sale and Purchase Agreement previously entered into between the shareholders of CSS Total Security Ltd. and CSS Locksmiths Ltd. (the "Vendors") and the Company, 363,606 ordinary shares of 5 pence in the capital of the Company (the "Consideration Shares") were today issued to the Vendors.  Application has been made for the Consideration Shares to be admitted to trading on AIM, which is expected to take place on 10 May 2013.

The Vendors include Roberto Fiorentino, who is a Director of the company, certain members of his family, and associated trusts.  Mr. Fiorentino's interest in the Company therefore increases to 3,711,053 Shares, representing approximately 24.96% of the issued share capital of the Company.

Total Voting Rights

Following issue of the Consideration Shares, the Company has a total number of 14,866,138 shares in issue. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure and Transparency Rules.

For further information visit www.cssgroupplc.com or contact:

Croma Security Solutions Group plc

Sebastian Morley, Chairman                  Tel: [phone]

WH Ireland Ltd.

Adrian Hadden / Nick Field                  Tel: [phone]

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NOTES TO EDITORS

About Croma Security Solutions Group plc

Croma Security Solutions Group plc is an AIM-quoted total security services provider trading with the ticker symbol CSSG. Following the transformational reverse takeover in March 2012, the enlarged Group, with headquarters in Southampton, has four key divisions; Croma Locksmiths, Croma Security Systems, Croma Biometrics and Croma Vigilant. The Company is chaired by former Black Watch and Special Forces Officer Sebastian Morley, alongside CEO Roberto Michele Fiorentino, one of the UK's most prominent electronic security specialists.

 

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