Director/PDMR Shareholding

    RNS Number : 0864H
  Conister Financial Group plc
  30 October 2008
   

    FOR IMMEDIATE RELEASE                             30th October 2008


    Conister Financial Group plc (the 'Company')

    Director's Share Dealing


    The Company was informed on 29th October 2008 that :

    i) Mr Jim Mellon, Chairman and Director of the Company purchased 500,000 Ordinary Shares of 25p each in the Company ("the Ordinary
Shares") in his own name at 10p per share on 29th October 2008.  As a result the total number of Ordinary Shares held by Mr Mellon is
575,000. 

    Mr Mellon is the beneficial owner of Burnbrae Limited which holds 12,000,000 Ordinary Shares representing 18.92% of the issued ordinary
share capital of the Company.

    The total Ordinary Shares in which Mr Jim Mellon has a beneficial interest in is 12,570,000 representing 19.82% of the issued ordinary
share capital of the Company.   


    ii) Rene Nominees (I.O.M) Limited on trust for Southern Rock Insurance Company Limited purchased 500,000 Ordinary Shares at 10p per
share on 29th October 2008. Mr Arron F A Banks, Chief Executive Officer and Director of the Company is beneficially interested in 37.5 per
cent. of the issued share capital of Southern Rock Insurance Company Limited.

    As a result of this purchase the total holding of Ordinary Shares by Rene Nominees (IOM) Limited on trust for Southern Rock Insurance
Company Limited is 740,000 representing 1.17% of the issued ordinary share capital of the Company.

    Mr Arron F A Banks is beneficially interested in 51 per cent of the issued share capital of Rock Holdings Limited.  The total Ordinary
Shares held by STM Fidecs Nominees Limited on trust for Rock Holdings Limited is 7,278,645 representing 11.48% of the issued ordinary share
capital of the Company.  

    STM Fidecs Nominees Limited holds on trust for Southern Rock Insurance Company Limited 611,000 Ordinary Shares representing 0.96% of the
issued ordinary share capital of the Company.

    Rene Nominees (IOM) Limited on trust for Mr Arron F A Banks holds 25,000 Ordinary Shares, representing 0.04% of the issued ordinary
share capital of the Company.

    The total Ordinary Shares in which Mr Arron F A Banks has a beneficial interest in is 8,654,645 representing 13.64% of the issued
ordinary share capital of the Company.


 For further information, please contact:      
 Conister Financial Group plc                  
 Mr Arron F A Banks / Mr Chris Johnstone       
 Tel [phone]                              
                                               
 Beaumont Cornish Limited                      
 Mr Roland Cornish                             
 Tel [phone]                      
                                               


This information is provided by RNS
The company news service from the London Stock Exchange
 
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