Dir/PDMR Shareholding-Amend
20 Ottobre 2006 - 10:41AM
UK Regulatory
RNS Number:7777K
Stylo PLC
20 October 2006
The following replaces the Directors Shareholdings announcement released today
at 8.06 am under RNS number 7759K.
The share purchases by Mr Michael A Ziff should read 40,000 shares
DIRECTORS SHAREHOLDINGS
On 19 October 2005 the following directors increased their shareholding in the
Company by the purchase of the following limited voting ordinary shares.
Mr David B Spitz purchased 50,000 limited voting ordinary shares at a purchase
price of 67.5 pence. Following the completion of the transaction Mr Spitz's
holding is 50,000 shares, representing 0.15 per cent of the issued share capital.
Mr John M Weaving increased his shareholding by the purchase of 20,000 limited
voting ordinary shares at a purchase price of 67.5 pence. Following completion
of the transaction Mr Weaving's holding is 423,721 shares, representing 1.27 per
cent of the issued share capital.
Mr Michael A Ziff increased his shareholding by the purchase of 40,000 limited
voting ordinary shares. Following completion of the transaction Mr M A Ziff's
beneficial holding in this class of shares is 3,166,867 shares, representing
9.51 per cent of the issued limited voting ordinary shares.
Mr M A Ziff holds 1,052,790 management shares, representing 80.4 per cent of the
shares issued in this class.
Mr Edward M Ziff increased his shareholding in the company by the purchase of
10,000 limited voting ordinary shares. Following completion of the transaction
Mr E M Ziff's beneficial holding in this class of shares is 2,046,753 shares,
representing 6.15 per cent of the issued limited voting ordinary shares.
Mr E M Ziff holds 256,020 management shares, representing 19.6 per cent of the
shares issued in this class.
Michael Ziff is treated for the purposes of the Takeover Code as having control
over shares held by him and also over shares held by certain of his close
relations (including Edward M Ziff), some family trusts and the Stylo Employee
Benefit Trusts. Following these purchases the aggregate shareholding deemed for
Takeover Code purposes to be held by Michael Ziff comprises 20,661,999 ordinary
limited voting shares and 1,308,810 management shares together able to exercise
76.7% of the total votes capable of being cast in general meetings.
The directors of the company (excluding Michael and Edward Ziff) now
collectively control 556,545 limited voting ordinary shares, representing
17 per cent of the issued limited voting ordinary shares.
For further information, please contact:
Stylo plc
Michael Ziff, Chairman & Chief Executive
This information is provided by RNS
The company news service from the London Stock Exchange
END
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