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W.H. Ireland Group (WHI)

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Friday 01 May, 2009

W.H. Ireland Group

Re. Unauthorised Dealings

RNS Number : 6282R
W.H. Ireland Group PLC
01 May 2009
 



WHI.L




WH Ireland Group plc 


Statement Re. Unauthorised Dealings in Company's Shares



The Board of WH Ireland Group plc (the 'Company') has been made aware that two of its directors, Laurie Beevers and David Youngman, have today agreed a transaction in the Company's shares without board consent.    The board is further disappointed that the directors concerned have chosen to dispose of shares to the controlling shareholder of Blue Oar Securities with whom negotiations concerning a possible Offer were recently terminated.


As announced on 24 April 2009, Messrs Beevers and Youngman have been and remain suspended as employees and subject to an internal investigation.  Dealing without board consent is further evidence of the allegations of gross misconduct for which they were suspended from their employment.



Enquiries:


WH Ireland

Rupert Lowe

Richard Ford    


Tel: 0161 832 6644 


Oriel Securities

Tom Durie


Tel: 020 7710 7600

Biddicks (Financial PR)

Zoe Biddick

Tel: 020 7448 1000




                   


             



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