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Property Recycling (PROP)

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Tuesday 06 January, 2009

Property Recycling

Director/PDMR Shareholding

RNS Number : 1847L
Property Recycling Group PLC
06 January 2009

6th January 2009

Property Recycling Group plc (the 'Company')

Directors' shareholdings

The Company has received notification that Paul Rackham Jnr, a director of the Company, sold 2,856,907 ordinary shares of 5p each ('Ordinary Shares') at 14.5p per share on 5 January 2009 to Paul Rackham Limited, a company controlled by him and Paul Rackham Snr, the chairman of the Company. Following this transaction, the total interests of the Rackham Family remain unchanged at  19,087,500  Ordinary Shares representing 52.73 per cent. of the Company's shares in issue.

For further information please contact:

Paul Rackham, Chairman

Property Recycling Group plc                                                          01953 717176

Geoff Nash

FinnCap, Nominated adviser and joint broker                                  020 7600 1658

John Webb
Marshall Securities, Joint broker                                                       020 7490 3788

This information is provided by RNS
The company news service from the London Stock Exchange

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