Goldshield Grp PLC - Directors Shareholding

RNS No 9621x
GOLDSHIELD GROUP PLC
23 September 1999


Schedule 11 - Notification of interests of Directors and Connected Persons

1   Name of company:
GOLDSHIELD GROUP PLC

2   Name of director:
KENNETH OAKLEY PELTON

3   Please state whether notification indicates that it is in respect of     
holding of the director named in 2 above or holding of that person's spouse or
children under the age of 18 or in respect of a non- beneficial interest:
SPOUSE - MRS ANNE MARIE PELTON

4   Name of registered holder(s) and, if more than one holder, the number of 
shares held by each of them (if notified):
MRS ANNE MARIE PELTON

5   Please state whether notification relates to a person(s) connected with  
the director named in 2 above and identify the connected person(s):
SPOUSE - MRS ANNE MARIE PELTON

6   Please state the nature of the transaction. For PEP transactions please  
indicate whether general/single co PEP and if discretionary/non discretionary:
BENEFICIAL SALE

7   Number of shares/amount of stock acquired:
N/A

8   Percentage of issued class:
N/A

9   Number of shares/amount of stock disposed:
200,000

10  Percentage of issued class:
0.55%

11  Class of security:
ORDINARY SHARES OF 5P EACH

12  Price per share:
480P

13  Date of transaction:
22 SEPEMBER 1999

14  Date company informed:
22 SEPTEMBER 1999

15  Total holding following this notification:
10,000

16  Total percentage holding of issued class following this notification:
0.02%

If a director has been granted options by the company, please complete the
following fields:

17  Date of grant:


18  Period during which or date on which exercisable:


19  Total amount paid (if any) for grant of the option:


20  Description of shares or debentures involved: class, number:


21  Exercise price (if fixed at time of grant) or indication that price is to
be fixed at time of exercise:


22  Total number of shares or debentures over which options held following
this notification:


23  Contact name for queries:
RAKESH PATEL

24  Contact telephone number:
0181 649 8500

25  Name of company official responsible for making notification:
KAREN GEORGE
WESTLB PANMURE LIMITED


Additional Information:


END

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