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Issue of Equity, Directors' D

RNS Number : 8293C
Syndicate Asset Management PLC
05 September 2008
 



Syndicate Asset Management plc ("Syndicate" or "the Company")



Issue of Equity, Directors' Dealings and Total Voting Rights



Pursuant to the Company's Share Incentive Plan ("SIP"), application has been made for the admission of 20,926 Ordinary Shares of 0.2 pence each in the Company ("Ordinary Shares") to trading on AIM.


The following directors of the Company participated in the SIP and received new Ordinary Shares at a price of 88 pence each:


Director
Shares acquired
Total number of ordinary shares now held
Percentage of issued share capital
John Morton
284
1,251,660
0.94%
Jane Dumeresque
284
19,600
0.01%
Charles Gillow
284
1,404
0.00%


The new Ordinary Shares will rank pari passu with the existing Ordinary Shares of the Company and are expected to be admitted to trading on 11 September 2008.


For the purposes of the Financial Services Authority's Disclosure and Transparency Rules, following the admission to trading of the new Ordinary Shares, the total number of ordinary shares of 0.2 pence of the Company in issue will be 132,557,648 with each share holding one voting right.



Enquiries:


Syndicate Asset Management plc          Tel: 020 7659 8060

John Morton (Chief Executive Officer)

David Pinckney (Chairman)


Landsbanki Securities (UK) Limited        Tel: 020 7426 9000

Fred Walsh

Sebastian Jones



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