TIDMREDS

RNS Number : 1207J

RedstoneConnect PLC

06 September 2016

 
 For immediate release   6 September 2016

RedstoneConnect Plc

("the Company")

Director(s) Dealings

RedstoneConnect Plc (AIM:REDS), a leading provider of technology and services for smart buildings and commercial spaces, was notified on 6 September 2016 that, on that day, Mark Braund, CEO of the Company, purchased 275,000 ordinary shares at an average price of 1.8459 pence per ordinary share.

Following the transaction, Mr. Braund has a beneficial interest in 14,485,316 ordinary shares representing approximately 0.9% of the issued share capital of the Company.

In addition, the Company was informed on 2 September 2016 that, on that date, Spencer Dredge, CFO of the Company, sold (and his Self-Invested Personal Pension immediately re-bought) 1,392,857 ordinary shares in the Company. The sale of ordinary shares in Mr. Dredge's own name to his Self-Invested Personal Pension was made at 1.9 pence per ordinary share.

Following this transaction, there has been no change to the total beneficial holding of Mr. Dredge and he continues to be interested in 3,212,652 ordinary shares representing approximately 0.2% of the issued share capital of the Company.

For more information please contact:

 
RedstoneConnect Plc                via Vigo Communications 
Mark Braund (CEO) 
 Spencer Dredge (CFO) 
 www.redstoneconnectplc.com 
Cantor Fitzgerald Europe 
 (Nominated Adviser & Joint 
 Broker)                               +44 (0)20 7894 7000 
Marc Milmo/Phil Davies/Catherine 
 Leftley/Callum Butterfield 
Whitman Howard Limited (Joint 
 Broker)                               +44 (0)20 7659 1234 
Nick Lovering 
Vigo Communications (Financial 
 PR Advisers)                          +44 (0)20 7830 9700 
Jeremy Garcia/Ben Simons/Antonia 
 Pollock 
 reds@vigocomms.com

About RedstoneConnect Plc

RedstoneConnect is focused on technologies that make real estate more efficient and businesses more effective. Its businesses, Redstone and Connect IB, provide the infrastructure capabilities and the software applications to deliver smart building and smart workspace solutions for commercial businesses, public sector organisations, real estate owners and managers. Visit our website at www.redstoneconnectplc.com.

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHEQLFBQKFXBBV

(END) Dow Jones Newswires

September 06, 2016 11:38 ET (15:38 GMT)

Smartspace Software (LSE:SMRT)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Smartspace Software Charts.
Smartspace Software (LSE:SMRT)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Smartspace Software Charts.