Director/PDMR Shareholding

RNS Number : 7982X

M Winkworth Plc

21 February 2012

 



M Winkworth plc

("Winkworth" or the "Company")

Director's dealings

Winkworth was notified today that, on 21^st February 2012, Simon Agace, non-executive Chairman of the Company, transferred 4,038,150 ordinary shares in Winkworth ("Ordinary Shares") to his wife, Irene Ho Kim Kee and 5,850 ordinary shares to his daughter-in-law Lucinda Richardson, both as a gift.On the same day, Irene Ho Kim Kee sold 11,628 Ordinary Shares at 86p to Dominic Agace, Chief Executive Officer of the Company and 5,814 Ordinary Shares at 86p to Piers Agace.  In addition, Irene Ho Kim Kee transferred as gifts to her children Sebastian Agace 10,500 Ordinary Shares, Louis Agace 10,500 Ordinary Shares and Gina Agace 10,500 Ordinary Shares. 

Following this transaction, Simon Agace's total interest in the Company stands at 5,940,208 Ordinary Shares, of which 60,000 are held by London & Oxford Limited, a company in which Mr Agace is also a shareholder, 150,000 are held by HKK Investments Ltd. S.A, a company in which Mr Agace's wife is a major shareholder and 4,860,208 are held by Mr Agace's wife and minor children.  Mr Agace's total holding in the Company represents 47% of the Company's issued share capital.

As a result of this transaction, Dominic Agace is now interested in a total of 535,628 Ordinary Shares, which represents 4.2% of the Company's issued share capital.

For further information please contact:

M Winkworth Plc	Tel: [phone]
Dominic Agace (Chief Executive Officer)
Chris Neoh (Chief Financial Officer)
Milbourne (Public Relations)	Tel: [phone]
Tim Draper
FinnCap	Tel: [phone]
Matthew Robinson/Rose Herbert (Corporate Finance)
Tom Jenkins (Corporate Broking)

About Winkworth

Winkworth is a leading franchisor of residential real estate agencies and is admitted to trading on the AIM Market of the London Stock Exchange.

Established in Mayfair in 1835, Winkworth has a pre-eminent position in the mid to upper segments of the central London residential sales and lettings markets. In total, the company operates from over 90 offices in the UK, France and Portugal, having doubled in size in recent years.

The franchise model allows entrepreneurial real estate professionals to provide the highest standards of service under the banner of a well-respected brand name and to benefit from the support and promotion that Winkworth offers. Franchisees deliver in-depth local knowledge and a highly personalised service to their clients.

For further information please visit: www.winkworthplc.com

 

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