Director Shareholding
Published: 09/02/2006, 07:02
Hawtin PLC 09 February 2006 Hawtin PLC ("the Company") received notification on 8 February 2006 that on that date Panther Securities PLC ("Panther") and its major shareholder Portnard Limited ("Portnard") each disposed of 9,898,000 (nine million eight hundred and ninety eight thousand) ordinary shares in the Company at a price of 18.25 pence per share. Mr Andrew Perloff, a non-executive director of the Company, is Chief Executive of Panther. Portnard is controlled by Mr Perloff and his family trusts. Panther and Portnard retain 1,372,912 (one million three hundred and seventy two thousand, nine hundred and twelve) and 132,400 (one hundred and thirty two thousand four hundred) ordinary shares respectively which collectively amount to 2.1% of the issued ordinary share capital. The Company were notified on 8 February that the shares disposed by Panther and Portnard were purchased by Gracelands Investments Limited who now hold 21,500,000 (twenty one million, five hundred thousand) ordinary shares which represents 29.97% of the issued ordinary share capital. This information is provided by RNS The company news service from the London Stock Exchange