Director/PDMR Shareholding
June 19 2009 - 12:25PM
UK Regulatory
TIDMEVOL
RNS Number : 2322U
Evolve Capital PLC
19 June 2009
Evolve Capital plc ("Evolve Capital" or the "Company")
Director Shareholding
The Company was notified on 15 June 2009 that, Oliver Vaughan, Chairman of
Evolve Capital, has entered into an agreement to receive 2,100,744 ordinary
shares in Evolve Capital in lieu of his shareholding in Albany Capital PLC
("Albany Capital"). The share exchange is proposed as part of proposals by
Albany Capital for its reconstruction and voluntary winding up, which is subject
to shareholder approval and if approved is expected to become effective on 29
July 2009. At that time, Oliver Vaughan's shareholding in Evolve Capital would
increase to 15,367,602 ordinary shares, representing approximately 9.14 per cent
of the issued share capital of the Company.
Enquiries:
Evolve Capital PLC
Edward Vandyk
Tel: 020 7937 4445
Fairfax I.S. PLC
Nominated Adviser
Jeremy Porter
Tel: 020 7598 5368
This information is provided by RNS
The company news service from the London Stock Exchange
END
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