Director/PDMR Shareholding (6017G)

TIDMDBAY

RNS Number : 6017G

Douglasbay Capital PLC

13 May 2011

DOUGLASBAY CAPITAL PLC (the "Company")

Director shareholding

The Company was notified on Monday 9 May 2011 Colin Kingsnorth, Director, transferred his total holding of 168,570 Ordinary Shares in the Company to Laxey Partners Ltd.

Colin Kingsnorth is a co-founder and a beneficial owner of Laxey Partners Ltd ("Laxey"). Further to the tender offer, which completed this week, Laxey, together with funds managed by Laxey, holds 137,716,210 Ordinary Shares, 82.46% of the total issued share capital of the Company.

For further information please contact:

 
 DouglasBay Capital plc          Peel Hunt LLP (Nominated Adviser 
                                  & Broker) 
 Alex Paiusco, Chief Executive   Guy Wiehahn / Emma Riza 
 Tel: 01624 690900               Tel: 020 7418 8893

This information is provided by RNS

The company news service from the London Stock Exchange

END

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