Director/PDMR Shareholding
11 Dezember 2008 - 4:49PM
UK Regulatory
RNS Number : 9908J
Cosentino Signature Wines plc
11 December 2008
11 December 2008
Cosentino Signature Wines plc
Director shareholding
Cosentino Signature Wines plc, the AIM listed, ultra-premium brand Napa Valley based wine company, announces that its directors have
agreed to accept payment of their salaries/directors fees in the form of new ordinary shares in Cosentino rather than cash.
As a result the following shares have been issued at the mid-market price of 3.75p per share as at 10 December 2008:
Director Fees owed April to No of shares Resulting no. of Percentage of issued
30 September 2008 allotted shares share capital
Larry Soldinger �87,500 2,333,333 8,044,799 30.78%
Greg Deman �12,500 333,333 1,003,333 3.84%
Hal Wolken �12,500 333,333 1,004,810 3.84%
Christopher Crosthwaite �12,500 333,333 333,333 1.28%
Ben Soldinger �12,500 333,333 422,064 1.61%
Seymour Pierce, the Company's nominated adviser, considers that the terms of the share issue are fair and reasonable insofar as its
shareholders are concerned.
Application has been made for the 3,666,665 new ordinary shares to be admitted to trading on AIM. Dealings are expected to commence on
17 December 2008.
- Ends -
For further information please contact:
Cosentino Signature Wines plc
Larry Soldinger, Chairman - c/o Financial Dynamics 020 7831 3113
Seymour Pierce
Jonathan Wright - 020 7107 8000
Financial Dynamics
Jonathon Brill / Billy Clegg / Ed Westropp - 020 7831 3113
This information is provided by RNS
The company news service from the London Stock Exchange
END
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