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Wednesday 20 January, 2010

Private & Comm. Fin.

Repurchase of Loan Notes / Di

RNS Number : 8127F
Private & Commercial Fin Group Plc
20 January 2010
 



Private & Commercial Finance Group plc


Repurchase of Loan Notes


Director / PDMR Shareholding



Private & Commercial Finance Group plc (the "Company") announces that on 19 January 2010 the Company repurchased 49,600 8% Convertible Unsecured Loan Notes 2013 of £1 each in the Company at price of 77p per loan note.  The loan notes purchased will be cancelled.  Following the cancellation, there will be 2,515,411 8% Convertible Loan Notes 2013 in issue.


The Company also announces that it was notified on 19 January 2010 that Robert Murray, a director of the Company, had on that day sold 250,000 ordinary shares of 5p each in the Company at a price of 6.75p per share.  Following the sale, Mr. Murray has an interest in 998,340 ordinary shares in the Company, representing 1.89% of the issued share capital.



Enquiries:


Private & Commercial Finance Group plc


Robert Murray / Scott Maybury

020 7222 2426



Westhouse Securities Limited (Nominated Adviser)


Tim Feather / Matthew Johnson

0113 246 2610



Daniel Stewart & Company plc (Broker)


Martin Lampshire / Graham Webster

020 7776 6550



St Brides Media and Finance


Felicity Edwards

020 7236 1177





This information is provided by RNS
The company news service from the London Stock Exchange
 
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