REG - Record PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">RECL.L</Origin>

RecordAnnouncement

20/06/2016 13:25

RNS Number : 7127B
Record PLC
20 June 2016
20 June 2016
Record plc ('Record' or the 'Company')
RECORD PLC DIRECTOR/PDMR SHAREHOLDING
The Company announces, in accordance with DTR 3.1.4R(1) that the following directors and senior managers of the company acquired Ordinary Shares at an average of 24.7 pence per share pursuant to their rights under the Group Profit Share Scheme on 20 June 2016. The Company was notified of such acquisition on 20 June 2016.
Director
Number of Ordinary Shares
James Wood-Collins
104,346
Steve Cullen
23,203
Leslie Hill
94,502
Bob Noyen
104,346
Senior manager
Number of Ordinary Shares
Dmitri Tikhonov
61,965
Joel Sleigh
39,105
James Wood-Collins, Dmitri Tikhonov and Joel Sleigh transferred the number of shares disclosed above to their respective spouses upon acquisition.
ENDS
Enquiries:
Record plc +44 (0)1753 852222 
James Wood-Collins, Chief Executive Officer 
Steve Cullen, Chief Financial Officer
MHP +44 (0) 20 3128 8100
Nick Denton, Ollie Hoare


Notes to Editors
Record plc
Record is a specialist currency manager and provider of currency hedging services for institutional clients. Founded in 1983, Record has established a market leading position as a currency manager. Specifically, the Group has a leading position in managing Dynamic Hedging and Currency for Return for institutional clients.
The Group has three principal product lines:
- Currency for Return, formerly known as Absolute Return, in which Record enters into currency contracts for clients with the objective of generating positive returns;
- Dynamic Hedging, formerly known as Active Hedging, where Record seeks to eliminate the impact of currency movements on elements of clients' investment portfolios that are denominated in foreign currencies when these movements are expected to result in an economic loss to the client, but not to do so when they are expected to result in an economic gain; and
- Passive Hedging, where Record seeks to eliminate fully or partially the economic impact of currency movements on elements of clients' investment portfolios that are denominated in foreign currencies.
Record (LSE: REC) was admitted to trading on the London Stock Exchange on 3rd December 2007.

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