Director/PDMR Shareholding

RNS Number : 3817T

Crimson Tide PLC

05 December 2011

 



Crimson Tide Plc

("Crimson Tide" or the "Company")

Director Dealing

The Company announces that in order to transfer part of his current shareholding in the Company into his SIPP, on 29 November, 2011 Graham Ashley, Non-executive Director, sold 4,000,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") representing approximately 0.90 per cent of the current issued ordinary share capital of the Company ("Issued Share Capital") at a price of 1.25 pence per Ordinary Share. Mr Ashley's SIPP then purchased 4,000,000 Ordinary Shares at a price of 1.25 pence per Ordinary Share, representing approximately 0.90 per cent of the Issued Share Capital.

Following these transactions, Graham Ashley's total interest in the Company remains unchanged at 18,324,718 Ordinary Shares, representing approximately 4.11 per cent of the Issued Share Capital.

For further information, please contact:

Crimson Tide plc	01892 542444
Barrie Whipp / Stephen Goodwin
WH Ireland Limited	020 7220 1666
James Joyce / Chris Fielding

 

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