WYT Wyatt Group

    RNS Number : 0004K
  Wyatt Group PLC
  12 December 2008
   

    Wyatt Group Plc

    Director Loans

    Wyatt Group Plc ('Wyatt'), the AIM listed specialist employment consultancy group, announces that, subsequent to the loan detailed in
the RNS announcement on 1 August 2008, Bob Holt (Non-executive Chairman) has agreed to loan the Company a further �30,000.  In addition,
David Robertson and Reg Pomphrett (both Non-executive Directors) have agreed to loan the Company �10,000 each.  These loans are unsecured
and carry an annual interest rate of 3% above the Bank of England base rate and are repayable over five years in quarterly instalments.  The
loans will be used for working capital, particularly around the integration of the recent acquisition, TEBC Limited.

    The loans from the Directors are classified under the AIM rules as related party transactions.  The directors of Wyatt, excluding Bob
Holt, David Robertson and Reg Pomphrett, having consulted with their nominated adviser, Blue Oar Securities Plc, consider that the terms of
the loan are fair and reasonable insofar as the Company's shareholders are concerned.


 Enquiries:

 Wyatt Group PLC                 www.wyattgroup.co.uk
 Bob Holt, Chairman              07778798816
 David Curtis, Finance Director  0845 450 9110

 Blue Oar Securities Plc         www.blueoarsecurities.co.uk
 Nick Lovering / Marc Davies     0207 448 4400


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