Level 2

Lavendon Group (LVD)

104.25p
   
  • Change Today:
      5.50p
  • 52 Week High: 119.75p
  • 52 Week Low: 80.00p
  • Currency: UK Pounds
  • Shares Issued: 164.81m
  • Volume: 1,302,042
  • Market Cap: £171.82m
  • RiskGrade: 150
  • Beta: 0.47

Share purchase

Lavendon Group PLC
25 April 2007


                               LAVENDON GROUP PLC
                           ("Lavendon" "the Company")


                                  PDMR DEALINGS


Lavendon was notified today that Maarten Mijnlieff, the Managing Director of the
Company's German operation, has today purchased 315,161 ordinary shares of 1
pence each in the Company at a price of 400 pence per share (the "Shares").

The Shares were purchased from Christian van Eeden and formed part of the share
consideration issued to Mr van Eeden when Lavendon purchased the Gardemann Group
from Mr van Eeden and Mr Mijnlieff in December 2006. The purchased Shares are
subject to a Restricted Marketing Agreement and, with the agreement of the
company, the restrictions have been transferred to Mr Mijnlieff. In particular,
the Shares acquired by Mr Mijnlieff cannot be sold until June 2008 at the
earliest. The two parties negotiated the price of the transaction in the light
of these marketing restrictions.

25 April 2007

For further information please contact:

Lavendon Group plc                                                  01455 558874
Kevin Appleton, Chief Executive
Alan Merrell, Group Finance Director

Weber Shandwick Financial                                          020 7067 0700
Terry Garrett / Nick Dibden / Georgia Dempsey


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

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

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