Record PLC Director/PDMR Shareholding (5291R)
29 Juni 2015 - 3:08PM
UK Regulatory
TIDMREC
RNS Number : 5291R
Record PLC
29 June 2015
29 June 2015
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 director of the company acquired Ordinary Shares at an
average of 38.8 pence per share pursuant to rights under the Group
Profit Share Scheme on 26 June 2015. The Company was notified of
such acquisition on 29 June 2015.
Director Number of Ordinary Shares
-------------- --------------------------
Steve Cullen 32,242
-------------- --------------------------
ENDS
Enquiries:
Record plc +44 (0)1753 852222
James Wood-Collins, Chief Executive Officer
Steve Cullen, Chief Financial Officer
MHP +44 (0) 20 3128 8100
Nick Denton, Jack Holden, Jennifer Iveson
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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