Director/PDMR Shareholding
07 March 2011 - 7:00PM
UK Regulatory
TIDMSAM
For immediate release:
Syndicate Asset Management plc
("Syndicate" or "the Company")
Director/PDMR shareholding
Pursuant to the Company's Share Incentive Plan ("SIP"), Neil Hale, a director
of the Company, has on 4 March 2011 purchased 8,013 ordinary shares of 0.2
pence each in the Company ("Ordinary Shares") at a price of 1.56 pence each.
Under the SIP, this purchase of shares will be matched by the Company if the
shares are held for a period of 3 years and the recipient remains an employee
of the Group.
In addition 128 fully paid ordinary shares have vested pursuant to the SIP.
This brings the total number of fully paid ordinary shares held by Neil Hale to
2,210,411 representing 0.12% of the issued share capital of the Company.
-Ends-
For further information please contact:
Syndicate Asset Management Plc
Mark Cheshire (Interim Group CEO) Tel: 020 7659 8069
Cenkos Securities plc
Stephen Keys (Nomad)
Julian Morse (Sales) Tel: 020 7397 8900
GTH Communications
Toby Hall/Christian Pickel Tel: 020 3103 3903/3902
END
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