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Brown (N.) Group PLC (BWNG)

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Friday 23 January, 2009

Brown (N.) Group PLC

Director/PDMR Shareholding

RNS Number : 1794M
Brown (N.) Group PLC
23 January 2009
 



 

 

 

 

N Brown Group PLC

(the 'Company')

Director/PDMR Shareholding

 

The FSA issued guidance on 9 January 2009 which clarified obligations to disclose security granted over shares held by Persons Discharging Managerial Responsibilities (PDMRs) and their connected persons.

Following this guidance, the Company discloses that Mr David Alliance, the Chairman of the Company, has at various dates between 1971 and 2000 (both directly and indirectly through three companies) granted security over a total of 38,347,838 ordinary shares in the Company, which represents approximately 14% of the Company's issued share capital. The shares have been pledged to the Royal Bank of Scotland, Bank Hapoalim and Lloyds TSB.

Mr Alliance has (i) a beneficial interest in 75,316,182 ordinary shares which represents approximately 27.5% of the issued share capital of the Company; and (ii) a non-beneficial interest in 19,731,784 ordinary shares which represents approximately 7.2% of the issued share capital of the Company.

The Company has 274,104,714 shares in issue at today's date and each share has one voting right.

For further information please contact:
N Brown Group PLC
Philip Harland, 
Company Secretary     
Tel: 0161 238 2141
Website: www.nbrown.co.uk


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