Molins PLC Director Dealings and Holdings in Company (3128Z)
May 25 2016 - 10:32AM
UK Regulatory
TIDMMLIN
RNS Number : 3128Z
Molins PLC
25 May 2016
25 May 2016
AIM: MLIN
MOLINS PLC
(the "Company")
Director Dealings and Holdings in Company
The Board announces that on 25 May 2016 the following
transactions were undertaken by Phil Moorhouse, Chairman and David
Cowen, Group Finance Director in the Company's Ordinary Shares of
25 pence each ("Ordinary Shares"):
-- Mr Moorhouse bought 20,000 Ordinary Shares, which is his
first holding in the Company's Ordinary Shares, and represents 0.1%
of the Company's issued share capital.
-- Mr Cowen exercised in full a conditional grant over Ordinary
Shares awarded on 27 February 2013 under the Molins PLC Deferred
Share Plan. Upon exercise, the Molins PLC Employee Trust
transferred 46,600 Ordinary Shares to Mr Cowen, 23,300 of which
were then sold in the open market. Mr Cowen's beneficial interest
following this transaction has increased to 123,519 Ordinary
Shares, representing 0.6% of the Company's issued share
capital.
All transactions were completed at a price of 59.5 pence per
Ordinary Share.
For further information, please contact:
Molins PLC Tel: +44(0)1908 246870
Sara Cannon, Company Secretary
David Cowen, Group Finance
Director
Panmure Gordon (UK) Limited Tel: +44(0)20 7886 2500
(NOMAD)
Andrew Potts/ Peter Steel
- Corporate Finance
Tom Salvesen - Corporate
Broking
KTZ Communications Tel: +44(0)20 3178 6378
Katie Tzouliadis, Viktoria
Langley, Emma Pearson
This information is provided by RNS
The company news service from the London Stock Exchange
END
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