GUINNESS PEAT GROUP PLC
ANNOUNCEMENT
Guinness Peat Group plc ("GPG" or the "Company") announces a change in directors' interests on 5 July 2011 following the implementation of the reduction in capital of the Company (the "Reduction") pursuant to the scheme of arrangement referred to in the Company's announcement made on 5 July 2011 and as more fully described in the Circular (the "Circular") sent to shareholders on 12 May 2011 (the "Scheme").
The Reduction was effected by the cancellation of 1 out of every 8 shares (subject to roundings) held by a shareholder as described in the Circular. Consequently, the interests of the directors in the issued ordinary 5p shares ("Shares") of the Company have reduced as follows:
|
Director |
Cancelled Shares |
Current Total |
|
Rob Campbell |
13,125 |
91,875 |
|
Sir Ron Brierley * |
7,057,361 |
49,401,536 |
|
Blake Nixon |
2,122,821 |
14,859,751 |
* Following the Reduction, Sir Ron Brierley's holding of Shares now represents 3.1% of the Company's share capital and therefore 3.1% of the Company's total voting rights.
Mike Allen and Gavin Walker do not hold shares in the Company.
|
Enquiry details are: |
||
|
New Zealand and Australian media: |
Geoff Senescall on: |
+64 9 309 5659 |
|
UK media: |
Kevin Smith on: |
+44 20 7282 1054 |
Chris Healy
Company Secretary
Guinness Peat Group plc
Tel: +44 20 7484 3370
7 July 2011
This information is provided by RNS