FOR IMMEDIATE RELEASE 30th October 2008
Conister Financial Group plc (the 'Company')
Director's Share Dealing
The Company was informed on 29th October 2008 that Rene Nominees (I.O.M) Limited on trust for Southern Rock Insurance Company Limited purchased
10,000 Ordinary Shares of 25p each in the Company ('Ordinary Shares') at 57p per share on 3rd October 2008.
50,000 Ordinary Shares at 51p per share on 9th October 2008.
30,000 Ordinary Shares at 47p per share on 15th October 2008.
Mr Arron F A Banks, Chief Executive Officer and Director of the Company is beneficially interested in 37.5 per cent. of the issued share capital of Southern Rock Insurance Company Limited.
As a result of these purchases the total holding of Ordinary Shares by Rene Nominees (IOM) Limited on trust for Southern Rock Insurance Company Limited is 240,000 representing 0.38% of the issued ordinary share capital of the Company.
Mr Arron F A Banks is beneficially interested in 51 per cent of the issued share capital of Rock Holdings Limited. The total Ordinary Shares held by STM Fidecs Nominees Limited on trust for Rock Holdings Limited is 7,278,645 representing 11.48% of the issued ordinary share capital of the Company.
STM Fidecs Nominees Limited holds on trust for Southern Rock Insurance Company Limited 611,000 Ordinary Shares representing 0.96% of the issued ordinary share capital of the Company.
Rene Nominees (IOM) Limited on trust for Mr Arron F A Banks holds 25,000 Ordinary Shares, representing 0.04% of the issued ordinary share capital of the Company.
The total Ordinary Shares in which Mr Arron F A Banks has a beneficial interest in is 8,154,645 representing 12.86% of the issued ordinary share capital of the Company.
For further information, please contact: |
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Conister Financial Group plc Mr Arron F A Banks / Mr Chris Johnstone Tel 07918 608480 |
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Beaumont Cornish Limited Mr Roland Cornish Tel +44 (0) 20 7628 3396 |
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