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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Bristol&Ldn | LSE:BTL | London | Ordinary Share | GB0033589663 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 14.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:2473C Bristol & London PLC 02 May 2006 2 May 2006 Bristol & London PLC Placing of Shares Bristol & London PLC ("Bristol & London" or the "Company"), one of the UK's leading specialist prestige motor credit hire companies is pleased to announce that Mr Richard Abel, Chief Executive and Founder, has reduced his holding in the Company to improve liquidity. Mr Richard Abel has reduced his holding from 95.3 per cent. to 90.1 per cent. of the issued share capital of the Company by selling a total of 1,268,665 ordinary shares of 1 pence at 90 pence each to institutional investors and each of the other directors of the Company through Westhouse Securities LLP. The details of the changes in the director's holdings following the placing are set out below: Director No. of shares No. of shares Resultant % of issued disposed of: acquired: holding share capital Richard Abel 1,268,665 21,798,560 90.1 Bob Woods 1,000 8,527 0.04 Lewis Ross 5,555 5,555 0.02 Sharon Hinallas 1,000 43,222 0.17 David Billings* 11,111 18,803 0.07 Robert Bailey** 5,555 10,401 0.04 David Hobdey 5,555 5,555 0.02 * These shares are held within David Billings' self invested personal pension. ** Robert Bailey has acquired these shares via his self invested personal pension. Mr Richard Abel has indicated that he intends to reduce his holding again in an orderly manner through the Company's broker in 2007 to increase the free float further. Commenting on this announcement, Robert Woods, Chairman of Bristol & London, said: "This is a positive development for Bristol & London. The placing will broaden the Company's shareholder base and as a result we would anticipate that liquidity in the Company's shares will improve." For further information: Bristol & London PLC Robert Woods - 01275 841 111 Westhouse Securities LLP Richard Morrison - 020 7601 6100 PGA Company Limited Peter Gaze - 0777 589 2544 / 020 7808 7676 This information is provided by RNS The company news service from the London Stock Exchange END RDNKGGGKNMNGVZM_SN_RNS2473C_SU_RNSTEST_XX_070246.4099_RZ__RT_R.xRoute.001 ~
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