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Quayle Munro Hldgs (QYM)

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Tuesday 16 July, 2013

Quayle Munro Hldgs

Director/PDMR Shareholding

RNS Number : 3754J
Quayle Munro Holdings PLC
16 July 2013
 

Quayle Munro Holdings PLC

(the "Company")

 

Director/PDMR Shareholding

 

The Company announces that on 15 July 2013 it received notification that, on 15 July 2013, Mr G S Lewy, Non-Executive Director of the Company, purchased 150,000 ordinary shares of 10p each ("Ordinary Shares") at a price of 563p per share from East of Scotland Investments Limited, one of the Company's Employee Benefit Trusts ("EBT"). 

 

As a consequence of this transaction, Mr G S Lewy is now beneficially interested in 150,000 Ordinary Shares, representing approximately 3.29% of the issued share capital of the Company and the EBT is now beneficially interested in 16,020 Ordinary Shares, representing approximately 0.35% of the issued share capital of the Company.

 

The shares purchased by Mr G S Lewy were part of the shares owned by the EBT which gave an irrevocable undertaking in connection with the proposals set out in the Company's circular to Shareholders dated 12 July 2013 (the "Circular") to vote in favour of all of the resolutions and not to tender the shares in the Tender Offer. Mr G S Lewy intends to vote the acquired shares in favour of all of the resolutions to be proposed at the Company's General Meeting on 1 August 2013 and does not intend to tender the shares in the Tender Offer.

 

Capitalised terms in this announcement have the same meaning as in the Circular except where otherwise indicated.

 

 

Ends

 

Enquiries:

 

 

Quayle Munro Holdings PLC

 

Andrew Walls, Company Secretary

+44 (0)131 222 2600

 

N+1 Singer (Nominated Adviser)

+44 (0) 20 7496 3000

Sandy Fraser

Jonny Franklin-Adams

Alex Wright

 

 


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