Comino PLC - Further re Directors S/Hldg.
15 June 1999 - 8:13PM
UK Regulatory
RNS No 8407w
COMINO PLC
15 June 1999
Directors Dealing - Additional Information
The Company announced yesterday that Garth Selvey a
director of the Company sold on 14 June 1999, 250,216
ordinary shares in the Company, representing 1.84 per
cent. of the issued share capital, at a price of 301p.
Comino is proposing to move up to the Official List of
the London Stock Exchange in July 1999, and the sale of
part of Mr Selvey's shareholding was undertaken in order
to utilise reliefs available to him under the retirement
relief provisions, which would not be available once the
Company was on the Official List.
Mr Selvey retains 900,000 ordinary shares representing
6.64 per cent. of the issued share capital of the
Company.
END
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