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ALL IPO PLC
16 December 2005
ALL IPO PLC ("All IPO" or the "Company")
Director's dealing
The Company was informed on 16 December 2005 that on 16 December 2005 Jakob
Kinde, director, gifted 281,700 shares in All IPO to Harvester Trust Tonbridge,
a UK registered charity focusing on Christian church activities. At an agreed
price of 35.5p this equated to £100,000. Harvester Trust Tonbridge has agreed
that until 16 November 2006 it will dispose of any interest held by them on an
orderly market basis and only through the Company's broker, Noble & Company
Limited.
This gifting represents part of Mr. Kinde's charitable donations for the current
year.
On the same day, for the purpose of his charitable giving, Mr Kinde immediately
bought back from the charity 28,170 shares at 35.5p per share, equating to
£10,000 via HTGJ Kinde SIPP Winterthur Life (Pension Trustees) as part of Mr
Kinde's Self-Invested Personal Pension Scheme. Mr Kinde has undertaken to
buy-back a further 112,680 shares from the charity at the same price by 30 April
2005, equating to £40,000.
Mr Kinde's holding in the Company, following the gift of shares and immediate
buy-back described above, is 796,470 shares (3.4% of the issued share capital of
the Company). When the further 112,680 shares are acquired, as described above,
Mr Kinde's holding will be 909,150 shares (3.9% of the issued share capital of
the Company).
This information is provided by RNS
The company news service from the London Stock Exchange