Director/PDMR Shareholding
May 09 2008 - 11:43AM
UK Regulatory
RNS Number:1210U
Heritage Underwriting Agency PLC
09 May 2008
Heritage Underwriting Agency plc ('Heritage' or 'the Company')
Directors Holdings
The Company announces that on 9 May 2008 the following director of Heritage
exercised options over ordinary shares of 10p each ("Ordinary Shares") as
detailed below:
Director Number Exercise price
Richard Pexton 60,000 60p
Richard Pexton 750,000 70p
Following the aforementioned the Director's beneficial holdings in the Company
is as follows:
Director Number Of Shares Percentage of Issued Share Capital
Richard Pexton 1,422,276 1.830%
The Company has headroom under its block listing for 338,900 Ordinary Shares.
Application will be made today for the balance of the Ordinary Shares (472,100)
(the "New Shares") to be admitted to trading on the Alternative Investment
Market ('AIM') in connection with the exercise of these options. Admission of
the New Shares to AIM is expected to become effective at 8.00 am on 15 May 2008.
ENQUIRIES:
Heritage Underwriting Agency plc
Belinda Rose, Company Secretary Tel. 020 7712 7600
Haggie Financial
David Haggie / Zoe Pocock Tel. 020 7417 8989
KBC Peel Hunt (Nominated adviser and Tel: 020 7418 8900
broker)
James Britton / Guy Wiehahn
This information is provided by RNS
The company news service from the London Stock Exchange
END
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