Director/PDMR Shareholding

    RNS Number : 9908J
  Cosentino Signature Wines plc
  11 December 2008
   

    11 December 2008


    Cosentino Signature Wines plc

    Director shareholding

    Cosentino Signature Wines plc, the AIM listed, ultra-premium brand Napa Valley based wine company, announces that its directors have
agreed to accept payment of their salaries/directors fees in the form of new ordinary shares in Cosentino rather than cash.

    As a result the following shares have been issued at the mid-market price of 3.75p per share as at 10 December 2008:  

 Director                   Fees owed April to    No of shares          Resulting no. of      Percentage of issued
                            30 September 2008     allotted              shares                share capital

 Larry Soldinger            £87,500               2,333,333             8,044,799             30.78%

 Greg Deman                 £12,500               333,333               1,003,333             3.84%

 Hal Wolken                 £12,500               333,333               1,004,810             3.84%

 Christopher Crosthwaite    £12,500               333,333               333,333               1.28%

 Ben Soldinger              £12,500               333,333               422,064               1.61%


    Seymour Pierce, the Company's nominated adviser, considers that the terms of the share issue are fair and reasonable insofar as its
shareholders are concerned.

    Application has been made for the 3,666,665 new ordinary shares to be admitted to trading on AIM. Dealings are expected to commence on
17 December 2008.


    - Ends - 

    For further information please contact:

    Cosentino Signature Wines plc
    Larry Soldinger, Chairman - c/o Financial Dynamics 020 7831 3113 

    Seymour Pierce
    Jonathan Wright - 020 7107 8000

    Financial Dynamics
    Jonathon Brill / Billy Clegg / Ed Westropp - 020 7831 3113


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