Smart Identity PLC
LSE : SIDP

May 07, 2009 05:46 ET

Change is Substantial Shareholding and Director?s Dealings

                                                                                                  7 May 2009
                                                      
                                             Smart Identity Plc
                                    ("Smart Identity " or "the Company")

                                   CHANGE IN SUBSTANTIAL SHAREHOLDING AND    
                                             DIRECTOR'S DEALINGS

Smart Identity Plc announces today that on the 5th May 2009, Mr Findlay, a shareholder in the Company
disposed of 500,000 Ordinary Shares at a price of 10p each. Following this transaction, Mr. Findlay no
longer holds a position in the shares of the Company. This transaction relates to Mr. Findlay beneficial
holdings.

Of the 500,000 shares sold by Mr Findlay, 150,000 Ordinary Shares were acquired by Mr. Heron at a price of
10p each and 22,500 Ordinary Shares were acquired by Mr McDermont, Director of the Company, at a price of
10p each. Both share purchases were completed on the 5th May 2009. The remaining shares were sold to
individuals that do not hold a declarable position in the Company.

Following this transaction, Mr McDermot now holds a total of 522,500 Ordinary Shares, which represent 4.18%
of the issued share capital of the Company. This transaction relates to Mr. McDermot beneficial holdings.
Mr. Heron now holds a total of 450,000 shares, representing 3.6% of the issued share capital of the Company.
This transaction relates to Mr. Heron beneficial holdings

The Directors now hold 2,002,500 Ordinary Shares, representing 16.02% of the entire issued share capital.

The total number of Ordinary Shares in issue is 12,500,000.

The Directors of the issuer accept responsibility for this announcement.

                                                  --ENDS--

Enquiries:

SMART IDENTITY PLC                                Tel: 016 1227 1000
Scott Fletcher, Chairman

RIVINGTON STREET CORPORATE FINANCE                Tel: 020 7562 3389
Monisha Varadan         Leo Godsall
Monisha@rs-cf.com       Leo@rs-cf.com

END

Contact Information

  • Smart Identity PLC