Cleardebt Group PLC
22 March 2007
ClearDebt Group plc
Director's shareholding
ClearDebt Group plc (the 'Company') announces that it has received notification
that, as a result of the liquidation of Sound Financial plc (In Members
Voluntary Liquidation) ('Sound Financial') and the distribution of Sound
Financial's assets to its shareholders by way of a dividend in specie,
13,495,618 ordinary shares of 2p each in the capital of the Company ('Ordinary
Shares') and 686,047 warrants to subscribe for Ordinary Shares ('Warrants') have
been issued by the liquidator of Sound Financial to David Mond, a director of
the Company. The Warrants entitle warrant holders to subscribe for Ordinary
Shares at 4p per share between 4 January 2008 and 4 January 2009 (but only once
on each such anniversary). David Mond is now interested in 119,895,618 Ordinary
Shares, representing 41.51% of the total voting rights of the Company, and
10,451,047 Warrants.
For further information, please contact:
David Mond, ClearDebt Group plc Tel: 0161 228 7444
David Youngman, WH Ireland Limited Tel: 0161 832 2174
This information is provided by RNS
The company news service from the London Stock Exchange
