Director/PDMR Shareholding
28 Mars 2007 - 11:10AM
UK Regulatory
RNS Number:8618T
Sumus plc
28 March 2007
28th March 2007
Sumus Plc
Directors' Shareholding
Sumus Plc ('Sumus' or 'the Company'), the AIM listed holding company for IFA
businesses providing investment and financial advisory services and network
support services to IFA firms, today announces that Mr Andrew Snowball, non
executive director of Sumus Plc, and his wife, have together sold 90,000
ordinary shares in the company.
These shares, together with an additional 145,000 ordinary shares, have been
placed at 42 pence per share by Hoodless Brennan to satisfy institutional
demand.
Following the sale, Mr and Mrs Snowball now hold, in aggregate, an interest
in 60,751 ordinary shares, representing 0.215% of the total voting rights.
-ends-
Contact
Allan Rosengren 0117 9330777
CEO - Sumus Plc 07973 511941
Edward Hutton 020 7538 1166
HB Corporate
Tom Cooper / Paul Vann 0117 9200092
Winningtons Financial
Note
Sumus, admitted to AIM in February 2005, is the group holding company of Falcon
Group Plc, a long established and consistently profitable IFA group, also of
Financial Synergies Plc which was established in August 2004 and Financial
Services Advisory and Support Limited which was acquired in September 2006.
Falcon was founded in 1983 by Allan Rosengren and Julian Telling, respectively
the Group Chief Executive and Group Operations Director of Sumus.
Sumus is a consolidator in the IFA sector, both by way of the organic expansion
of its operating businesses and through carefully selected investments in IFA
firms, which then become authorised through either the Falcon Group or FSAS.
Sumus provides strategic direction, working capital, compliance and risk
management resources to its operating businesses.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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