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Spice PLC (SPI)

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Monday 13 July, 2009

Spice PLC

Transfer of shares by a direc

RNS Number : 5231V
Spice PLC
13 July 2009
 



13 July 2009


Transfer of shares by a director of Spice plc ("Spice" or "the Company")


The Company has been notified today that Oliver LightowlersGroup Finance Director of Spice,  transferred to his spouse 126,364 ordinary shares of 2 pence each at £nil per share on 13 July 2009.


The Company has been informed by Oliver Lightowlers that this transfer has been undertaken for tax planning reasons.


Oliver Lightowlers' shareholding in Spice, including connected partiesremains unchanged at 176,365 shares (representing approximately 0.05 per cent of the ordinary issued share capital of the Company).


This disclosure has been made for the purposes DTR3.1.4(1)(a). The transaction took  place in Leeds.




Spice plc 

Tel: 0113 201 2120

Simon Rigby, Chief Executive Officer


Oliver Lightowlers, Group Finance Director




Financial Dynamics

Tel: 020 7831 3113

Billy Clegg


Caroline Stewart  




KBC Peel Hunt (Broker)

Tel: 020 7418 8900

Julian Blunt (Corporate finance)


Matthew Tyler (Corporate broking) 



NOTES TO EDITORS


Spice plc

Spice is a total utility infrastructure support services business. The Group's operations were founded in 1996 and have their origins in the electricity industry, although the range of activities has since been expanded into other niche areas. The Group is organised into two divisions to match its utility customer base; a Supply Division; and a Distribution Division.  Spice's businesses have a common theme of delivering and co-ordinating infrastructure services to customers, and the technological element within the product mix has been built up significantly over the course of the last three years.





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