TIDMSID

RNS Number : 5280Z

Silverdell PLC

07 March 2013

Silverdell PLC

("Silverdell" or "the Company")

The Board of Silverdell was informed on 07 March 2013 that on that day, Andrew Owen McGee, a vendor of EDS Group Holdings Ltd, sold 8,800,000 ordinary shares of 1p each in the capital of the Company ("Ordinary Shares") at a price of 17p per Ordinary Share.

Following this transaction, Mr. McGee no longer has a notifiable beneficial interest in the Company.

The Company released Mr. McGee from his undertaking not to dispose of Ordinary Shares, as announced on 30 May 2012, to undertake this sale in order to satisfy institutional demand. Such undertaking remains in place over his residual holding of Ordinary Shares.

ENQUIRIES:

 
 Silverdell Plc                       Tel: + 44 20 7389 6827 
 Sean Nutley, Group Chief Executive 
 Ian Johnson, Chief Financial 
  Officer 
 
 finnCap                              Tel: + 44 20 7220 0500 
 Matt Goode (Corporate Finance) 
  Ben Thompson (Corporate Finance) 
 Victoria Bates (Corporate Broking) 
 
 College Hill                         Tel: + 44 20 7457 2020 
 Helen Tarbet 
 Mark Garraway

This information is provided by RNS

The company news service from the London Stock Exchange

END

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