Wednesday 09 February, 2011
Daniel Stewart Securities plc
('Daniel Stewart' or 'the Company')
The Board of Daniel Stewart (AIM: DAN), the investment bank offering corporate advisory and institutional stockbroking services, is pleased to announce that Daniel Stewart & Company has placed 75,000,000 Daniel Stewart Securities plc ordinary shares of 0.25p each at a price of 2p per share on behalf of Brainspark plc.
The shares were placed with, inter alia, staff and existing shareholders. As a result of this transaction, Brainspark Plc no longer has a notifiable interest in the share capital of the Company.
Commenting on the transaction, Peter Shea, Chief Executive Officer said:
"I am most encouraged by the support and interest of our staff and shareholders, and we look forward to building shareholder value as our business continues to recover."
Peter Shea, Chief Executive Officer
Daniel Stewart Securities PLC
Tel: 020 7776 6550
Nick Tulloch/Ed Groome
Arbuthnot Securities Limited
Tel: 020 7012 2000
John West/Lydia Eades
Tel: 020 7920 3150