DET Deltron Elec.

RNS Number:7572A
Deltron Electronics PLC
04 September 2002

This announcements replaces the Directors Shareholding announcement released
today at 07:00 under RNS number 7217A.  The figure 1,063,895 for Christopher
Sawyer should have read 2,063,895.  All other details remain unchanged the
amended text appears below.


For Immediate Release                                         4th September 2002


              Deltron Electronics plc (the "Company" or "Deltron")

                      Placing/Directors Shareholding

Deltron Electronics plc, one of the leading electromechanical components
providers in Europe, announces today that it has placed 1,206,569 ordinary
shares of 5p each at 59p (the "Placing") with Directors and employees of the
Company, raising #705,843. Application has been made for these shares to be
admitted to the Official List with dealings expected to commence on 6 September
2002.

The Directors are participating in the Placing as follows:

Name                        Beneficial holding Shares Bought  Beneficial holding    % of issued share
                               pre-placing                       post placing            capital

Christopher Sawyer             1,894,260          169,635        2,063,895                7.03%
Paul Gourmand                     75,600           16,964           92,564                0.32%
Sir Ivor Cohen                   100,000           84,818          184,818                0.63%
Francois Feldman                 426,350           32,007          458,357                1.56%



A total of 22 executives and non-executive directors from Deltron subsidiaries
in six countries have participated in the Placing. Sums invested range from over
#170,000 to #1,000.

Christopher Sawyer, Chief Executive said:

"There is a passionate belief at Deltron that we have a strong pan-European
business. We are currently strengthening our market position, ready to benefit
from the cyclical upturn when it occurs.  This is an opportunity for employee's
across the Company to emphasise their commitment and directly benefit from the
exciting prospects ahead."

Deltron will release a trading update on its performance during the year to 30th
September 2002 shortly after the end of this period.

For further information, please contact:

Deltron Electronics
Christopher Sawyer, Chief Executive                                 01638 561156

Buchanan Communications
Tim Anderson/Bobbie Swanson                                        020 7466 5000




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

RDSUUURWBUPPGCC

Debts.Co.Uk (LSE:DET)
Historical Stock Chart
From Jun 2024 to Jul 2024

Debts.Co.Uk (LSE:DET)
Historical Stock Chart
From Jul 2023 to Jul 2024