Record PLC Director/PDMR Shareholding (4830S)
30 November 2012 - 4:36PM
UK Regulatory
TIDMREC
RNS Number : 4830S
Record PLC
30 November 2012
30 November 2012
Record plc ('Record' or the 'Company')
REG-Record PLC Director/PDMR Shareholding
The Company announces, in accordance with DTR 3.1.4R(1) that the
following directors of the company have acquired Ordinary Shares at
28.7 pence per share pursuant to their rights under the Group
Profit Share Scheme. The Company was notified of such acquisition
on 30 November 2012.
Director Number of Ordinary Shares
-------------------- --------------------------
James Wood-Collins 23,500
-------------------- --------------------------
Paul Sheriff 21,015
-------------------- --------------------------
Leslie Hill 21,015
-------------------- --------------------------
Bob Noyen 21,015
-------------------- --------------------------
ENDS
Enquiries:
Record plc +44 (0)1753 852222
James Wood-Collins, Chief Executive Officer
Paul Sheriff, Chief Financial Officer/Chief Operating
Officer
MHP +44 (0)20 7357 9477
Nick Denton, John Olsen, Vicky Watkins
Notes to Editors
Record plc
Record is a specialist currency manager and provider of currency
hedging services for institutional clients. Founded in 1983, Record
has established a market leading position as a currency manager.
Specifically, the Group has a leading position in managing Dynamic
Hedging and Currency for Return for institutional clients.
The Group has three principal product lines:
- Currency for Return, formerly known as Absolute Return, in
which Record enters into currency contracts for clients with the
objective of generating positive returns;
- Dynamic Hedging, formerly known as Active Hedging, where
Record seeks to eliminate the impact of currency movements on
elements of clients' investment portfolios that are denominated in
foreign currencies when these movements are expected to result in
an economic loss to the client, but not to do so when they are
expected to result in an economic gain; and
- Passive Hedging, where Record seeks to eliminate fully or
partially the economic impact of currency movements on elements of
clients' investment portfolios that are denominated in foreign
currencies.
Record (LSE: REC) was admitted to trading on the London Stock
Exchange on 3(rd) December 2007.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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