Prezzo : Director's Dealing and Additional Listing

Prezzo Plc (the "Company")

Director's Dealing and Additional Listing

The Company announces that it has been informed of the following transactions that occurred on 17th April 2014 in respect of ordinary shares of 5 pence each in the Company ("Ordinary Shares ").

Mr Adam Kaye and Mr Sam Kaye, both Non-Executive Directors of the Company, each sold 1,379,311 Ordinary Shares at a price of 145 pence per Ordinary Share. Mr Michael Carlton, Chairman of the Company, sold 145,000 Ordinary Shares at a price of 145 pence per Ordinary Share.

The following Directors exercised options over Ordinary Shares and then subsequently sold Ordinary Shares:

Name	Title	No. of options over Ordinary Shares exercised	No. of Ordinary Shares sold following the exercise of options	Sale price per Ordinary Share	No. of options over Ordinary Shares following the exercise of options
Alan Millar	Finance Director	300,000	300,000	145 pence	750,000
Kuldip Sehmi	Executive Director	200,000	200,000	145 pence	250,000
Mehdi Gashi	Executive Director	91,308	91,308	145 pence	664,647
John Lederer	Non-Executive Director	80,000	80,000	145 pence	0

Following the above transactions the beneficial and non-beneficial interest of each of the Directors who sold Ordinary Shares, as set out above, is as follows:

Name	Title	No. of Ordinary Shares held	Total  beneficial and non-beneficial interest in Ordinary Shares
Alan Millar	Finance Director	100,000	0.04%
Kuldip Sehmi	Executive Director	682,244	0.29%
Mehdi Gashi	Executive Director	55,000	0.02%
Michael Carlton	Chairman	800,000	0.34%
Adam Kaye	Non-Executive Director	5,382,796	2.31%
Sam Kaye	Non-Executive Director	5,498,297	2.36%
John Lederer	Non-Executive Director	209,000	0.09%

The Company also announces that it has been notified by Phillip Kaye that he sold 3,862,068 Ordinary Shares on 17th April 2014. Following this sale, Mr Phillip Kaye is interested in 103,082,240 Ordinary Shares, representing 44.23 per cent. of the issued Ordinary Share capital of the Company.

Following the exercise of options by Directors, and by certain employees, the Company has applied for 1,466,308 Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and that dealings will commence in these Ordinary Shares at 8.00 a.m. on 29th April 2014.

22nd April 2014

Enquiries:

Prezzo plc

Alan Millar, Finance Director          Tel: [phone] 

Cenkos Securities plc                           

Bobbie Hilliam                                     Tel: [phone]

This information is provided by RNS

The company news service from the London Stock Exchange

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