Red24 PLC Director Dealing (2891S)

TIDMREDT

RNS Number : 2891S

Red24 PLC

06 July 2015

RED24 PLC

(the "Group", "Company" or "red24")

Director Dealing

red24, the crisis assistance company, was notified today, 6 July, of the sale by Financial & General Securities Limited ("FGSL"), a broker/dealer in securities, of 240,000 ordinary shares of 1p each at a price of 26.5 pence per Ordinary Share in the Company ("Ordinary Shares"). As a consequence of this sale, FGSL has a holding of 200,000 Ordinary Shares representing 0.41% of the Company's issued share capital.

Simon Richards, chairman of the Company, is a director and has an indirect shareholding of 31.42% in FGSL, although trading decisions by FGSL are taken independently of Mr. Richards. The holding of FGSL is treated as part of Mr. Richards' overall interest in red24.

As a result of the above disposal Mr Richards is now interested in a total of 14,219,250 Ordinary Shares (including the remaining holding of FGSL), representing 29.03% of the Company's issued share capital of which 13,389,250 Ordinary Shares are held by Sidebell Limited, a company in which Mr. Richards is also a director and shareholder.

Enquiries:

 
                                           Tel: 0203 291 
Red24 plc                                   2424 
Simon Richards, Chairman 
Maldwyn Worsley-Tonks, Chief Executive 
Officer 
finnCap                                    Tel: 0207 220 
                                            0500 
Julian Blunt, James Thompson, Corporate 
Finance 
Tony Quirke, Corporate Broking 
Yellow Jersey PR Ltd                       Tel: 07768 534641 
Philip Ranger, Kelsey Traynor

About red24

Red24 is a crisis assistance company that provides a range of security and business support services, offering preventative and reactive advice to help organisations and individuals to avoid or manage security and business risks to themselves, their families and their businesses. Its products and services are distributed through leading international financial service companies.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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