Director/PDMR Shareholding

RNS Number : 5261V

North Atlantic Smlr Co Inv Tst PLC

28 October 2014

 



28 October 2014

NORTH ATLANTIC SMALLER COMPANIES INVESTMENT TRUST PLC

Purchase of Shares by a Director

North Atlantic Smaller Companies Investment Trust Plc (the "Company") has today been notified that, following the discharge of the 420,000 share options granted to Christopher Harwood Bernard Mills, its Chief Executive, on 14 July 2011, Mr Mills has used the cash proceeds from the options discharge to purchase 60,000 Ordinary shares of 5p each in the Company ("Shares") at a price of 1660p pence per Share on 27 October 2014. This discharge of the options and subsequent reinvestment of the proceeds in the Company's shares is in accordance with the Rules of the 2011 Share Option Scheme as approved by the Company's shareholders at the Annual General Meeting of the Company held on 30 June 2011.

Following this purchase, Mr Mills has an interest in a total of 3,587,349 Shares, representing approximately 24.3% of the issued share capital of the Company. 

For further information please contact:

Bonita Guntrip

Company Secretary

+ 44 (0) 207 640 3203/ 07738 729222

 

END

 

 

RDSDVLFLZBFBFBZ