Director/PDMR Shareholding


 

TIDMMVC 
 
RNS Number : 2951S 
Medavinci PLC 
07 September 2010 
 

 
 
                                 Medavinci Plc 
                         ('Medavinci' or the 'Company') 
        Directors' Dealings and disclosure of Significant Shareholdings 
On 9 August 2010, the Company announced a placing of 421,021,000 new ordinary 
shares ("Placing") at a price of 0.2p per share and the issue of 62,500,000 new 
ordinary shares as part consideration for the proposed acquisition of 49 per 
cent. interest in Oregon Gold Limited. Following approval at a General Meeting 
and the admission of these new ordinary shares to AIM on 3 September 2010, the 
Company has been notified of the following director's dealings and significant 
shareholdings. 
Directors' dealings 
·     Mr Adam Reynolds, chairman, subscribed for 18,750,000 ordinary shares 
pursuant to the Placing. This subscription was effected through his shareholding 
in Wilton International Consulting Limited, which subscribed for 37,500,000 
shares, in which he holds 50 per cent. of the issued share capital.  Following 
this subscription, the total shareholding of Adam Reynolds in the Company 
amounts to 43,000,000 ordinary shares (representing approximately 4.39 per cent. 
of the issued share capital). 
·     Mr Glyn Hirsch, director, subscribed for 30,000,000 new ordinary shares in 
the Placing. Following this subscription Glyn Hirsch is interested in 82,500,000 
ordinary shares (representing approximately 8.43 per cent. of the issued share 
capital). 
·     Mr Michael Hough, director, subscribed for 30,000,000 new ordinary shares 
in the Company pursuant to the Placing. Following this subscription, Michael 
Hough is interested in 82,000,000 new ordinary shares in the Company 
(representing approximately 8.38 per cent. of the issued share capital). 
·     Mr Paul Foulger, finance director, subscribed for 18,750,000 ordinary 
shares pursuant to the Placing. This subscription was effected through his 
shareholding in Wilton International Consulting Limited, which subscribed for 
37,500,000 shares, in which he holds 50 per cent. of the issued share capital. 
Following this subscription, the total shareholding of Paul Foulger in the 
Company amounts to 43,000,000 ordinary shares (representing approximately 4.39 
per cent. of the issued share capital). 
Significant Shareholdings 
·      Anton Bilton is interested in 125,000,000 ordinary shares in the Company, 
representing approximately 12.77 per cent. of the issued share capital. 
·      David Newton is interested in 115,000,000 ordinary shares in the Company, 
representing approximately 11.75 per cent. of the issued share capital. 
 
Contact Details: 
Medavinci plc 
Adam Reynolds Tel: +44 (0) 270 245 1100 
Zeus Capital Limited 
Ross Andrews Tel +44 (0)161 831 1512 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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