Director/PDMR Shareholding
January 21 2009 - 11:41AM
UK Regulatory
TIDMTHG
RNS Number : 0441M
Terrace Hill Group PLC
21 January 2009
Terrace Hill Group plc (the "Company")
Grant of Security over Shareholding
The Company was notified on 21 January 2009 by Robert Adair, Chairman of the
Company, that 111,866,071 and 16,890,168 ordinary shares of 2p each of the
Company ("THG Shares") owned by him and family trusts have been used as security
for personal loans with HBOS plc and HSBC Holdings plc respectively that were
entered into on 18 May 2006 and 27 May 2008 respectively.
The Company was also notified on 21 January 2009 by Robert Adair, Chairman of
the Company, that on 12 January 2007 he entered into trust arrangements with
Lloyds of London in respect of 835,000 THG Shares to provide security for
insurance underwriting.
Enquiries:
Terrace Hill Group plc 020 7831 3113
Philip Leech
Oriel Securities Limited 020 7710 7600
Richard Crawley / Daniel Conti
This information is provided by RNS
The company news service from the London Stock Exchange
END
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