Nice Cup forming on the one year chart: Daniel Stewart Securities (LON:DAN)
With a Golden Cross expected in a week or two.
Higher Volumes of trading.
MACD, RSI and Parabolic SAR all giving BUY signal. IMHO
Today's rise maybe due to director share purchase:
The Board of Daniel Stewart (AIM: DAN), the investment bank offering corporate advisory and institutional stock broking services, has been informed that Mr Peter Shea, Chief Executive Officer, has today purchased 250,000 ordinary shares of 0.25p each ('Ordinary Shares') at a price of 1.82p per share to be held in his Self Invested Pension Plan.
Following the above, Peter Shea is now interested in a total of 48,885,731 Ordinary Shares, representing approximately 9.58 per cent. of the current issued share capital of the Company.
Should be worth a few £ to Daniel Stewart Securities (LON:DAN) :-) Are they doing deals on the German exchanges now?
The Niche Group (Berlin: NZG.BE - news) plc
("Niche" or "the Company")
Press Speculation
Further to the announcement made by the Company on 13 January 2011, the Company notes the recent press speculation and confirms that it is considering undertaking a Placing to raise £11m at 6p per share (the "Placing"). The Placing would be subject to the Company entering into a Placing Agreement with Daniel Stewart ? Company Plc. A further announcement will be made in due course.
Enquiries:
The Niche Group plc
Donal Boylan Tel: + 353 87 276 9655
Daniel Stewart ? Company plc
Oliver Rigby Tel: + 44 (0) 20 7776 6550
M: Communications
Patrick d'Ancona/Ben Simons Tel: + 44 (0) 20 7920 2340
