SID Silverdell

TIDMSID

RNS Number : 6140T

Silverdell PLC

14 December 2012

Silverdell PLC

("Silverdell" or "the Group")

The board of Silverdell was informed on 14 December 2012 that on that day, Andrew Owen McGee, a vendor of EDS Group Holdings Ltd, sold 37,395,188 ordinary shares of 1p each in the capital of the Company ("Ordinary Shares") at a price of 13.5p per Ordinary Share.

Following this transaction, Mr. McGee's total beneficial interest in the Company is 12,150,266 Ordinary Shares, representing approximately 3.9 per cent. of its issued share capital.

The Company released Mr. McGee from his undertaking not to dispose of Ordinary Shares, as announced on 30 May 2012, to undertake this sale in order to satisfy institutional demand. Such undertaking remains in place over his residual holding of Ordinary Shares.

ENQUIRIES:

 
 Silverdell Plc                 Tel: + 44 20 7389 
                                             6827 
 Sean Nutley, Group Chief 
  Executive 
 Ian Johnson, Chief Financial 
  Officer 
 
 finnCap                        Tel: + 44 20 7220 
                                             0500 
 Marc Young (Corporate 
  Finance) 
  Ben Thompson (Corporate 
  Finance) 
 Victoria Bates (Corporate 
  Broking) 
 
 College Hill                   Tel: + 44 20 7457 
                                             2020 
 Helen Tarbet 
 Mark Garraway 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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