Director/PDMR Shareholding

RNS Number : 8537Q
Record PLC
22 June 2015
 



22 June 2015

  

Record plc ('Record' or the 'Company')  

  

REG-Record PLC Director/PDMR Shareholding  

 

The Company announces, in accordance with DTR 3.1.4R(1) that the following directors and senior managers of the company acquired Ordinary Shares at an average of 36.8 pence per share pursuant to their rights under the Group Profit Share Scheme on 19 June 2015.  The Company was notified of such acquisition on 22 June 2015.

 

 

Director

Number of Ordinary Shares

James Wood-Collins

91,578

Steve Cullen

42,358

Leslie Hill

91,578

Bob Noyen

91,578

 

Senior manager

Number of Ordinary Shares

Dmitri Tikhonov

52,801

Joel Sleigh

33,428

 

 

ENDS  

  

Enquiries:  

  

Record plc         +44 (0)1753 852222  

James Wood-Collins, Chief Executive Officer  

Steve Cullen, Chief Financial Officer

  

MHP                 +44 (0) 20 3128 8100  

Nick Denton, Jack Holden, Jennifer Iveson

 



Notes to Editors

 

Record plc

 

Record is a specialist currency manager and provider of currency hedging services for institutional clients. Founded in 1983, Record has established a market leading position as a currency manager. Specifically, the Group has a leading position in managing Dynamic Hedging and Currency for Return for institutional clients.

 

The Group has three principal product lines:

 

-      Currency for Return, formerly known as Absolute Return, in which Record enters into currency contracts for clients with the objective of generating positive returns;

-      Dynamic Hedging, formerly known as Active Hedging, where Record seeks to eliminate the impact of currency movements on elements of clients' investment portfolios that are denominated in foreign currencies when these movements are expected to result in an economic loss to the client, but not to do so when they are expected to result in an economic gain; and

-      Passive Hedging, where Record seeks to eliminate fully or partially the economic impact of currency movements on elements of clients' investment portfolios that are denominated in foreign currencies.

 

Record (LSE: REC) was admitted to trading on the London Stock Exchange on 3rd December 2007.

 

 

 

 


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