THG Thg Plc

TIDMTHG

RNS Number : 7623A

Terrace Hill Group PLC

24 February 2014

Terrace Hill Group PLC

("Terrace Hill" or "the Company")

Director Shareholding

Notification under AIM Rule 17

24 February 2014

Set out below is the corrected text of an announcement originally released by the Company on 27 March 2012 at 10:32am under RNS No. 1505A:

"The Company was notified on 22 March 2012 by Robert Adair, Chairman of the Company, that 18,052,800 ordinary shares of 2p each of the Company ("THG shares") owned by him and family trusts are no longer used as security for personal loans with HBOS plc effective 22nd March 2012. These shares were then transferred from his family trust to his personal holding at a price of 11.625p per share. His total beneficial holding remained unchanged.

The Company was also notified on 22nd March 2012 by Robert Adair, Chairman of the Company that he had entered into trust arrangements with Lloyds of London in respect of 18,052,800 THG Shares owned by him to provide funds at Lloyds of London for insurance underwriting.

Following this, Robert Adair's total beneficial interests remain at 131,571,239 shares, representing 62.07% of the total issued share capital of the Company."

The original announcement read as follows:

"The Company was notified on 22 March 2012 by Robert Adair, Chairman of the Company, that 18,052,800 ordinary shares of 2p each of the Company ("THG shares") owned by him and family trusts are no longer used as security for personal loans with HBOS plc effective 22nd March 2012.

The Company was also notified on 22nd March 2012 by Robert Adair, Chairman of the Company that he had entered into trust arrangements with Lloyds of London in respect of 18,052,800 THG Shares owned by him and family trusts to provide funds at Lloyds of London for insurance underwriting.

Following this, Robert Adair's total beneficial interests remain at 131,571,239 shares, representing 62.07% of the total issued share capital of the Company."

As at 24 February 2014 Robert Adair's total beneficial interests are 133,266,239 shares, representing 62.89% of the issued share capital of the Company.

For further information, please visit www.terracehill.co.uk or contact:

Terrace Hill Tel: 020 7631 1666

Philip Leech

   Oriel Securities (Nominated Adviser)                                Tel: 020 7710 7600 

David Arch

Notes to editors:

Terrace Hill Group

Terrace Hill Group PLC is a regionally based UK property group quoted on AIM. Formed in 1986, the Company has five offices located in London, Glasgow, Teesside, Bristol and Manchester.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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