Safeland PLC - Director/PDMR Shareholding

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Thu Apr 17, 2008 9:24am EDT

RNS Number:5810S
Safeland PLC
17 April 2008

                                  Safeland plc

                            Directors' Shareholdings

Safeland Plc ("Safeland" or the "Company") announces that it was notified on 16
April 2008 that on 15 April 2008 Ray Lipman, Chairman, gifted for nil
consideration his entire holding of ordinary shares of 5p each in the Company
("Shares"), amounting to 519,332 Shares (3.07% of the Company's issued ordinary
share capital), to his three sons, as set out below:

Errol Lipman (Safeland Director)    173,110 Shares
Larry Lipman (Safeland Director)    173,112 Shares
Steven Lipman                       173,110 Shares

Larry Lipman, Errol Lipman, Steven Lipman, Ray Lipman and Safeland Holdings
(2008) Corporation ("SHC8")* (together "the Lipman Concert Party") are treated
as acting in concert for the purposes of the City Code on Takeovers and Mergers
("the Code"). As a result of this transaction, the total holding of the Lipman
Concert Party remains unchanged at 11,671,323 Shares (69.26% of the Company's
issued ordinary share capital), and is made up as follows:

+------------------+------------------+----------------------+--------------+
|Member of Lipman  | Previous Interest|       Resultant Share| Percentage of|
|Concert Party     |         in Shares|              Interest|  issued share|
|                  |                  |                      |       capital|
|------------------+------------------+----------------------+---------------
|Larry Lipman      |            88,016|               261,128|          1.55|
|Errol Lipman      |           519,332|               692,442|          4.11|
|Ray Lipman        |           519,332|                   Nil|           Nil|
|Steven Lipman     |               Nil|               173,110|          1.03|
|SHC8**            |        10,544,643|            10,544,643|         62.58|
+------------------+------------------+----------------------+--------------+
|Total             |        11,671,323|            11,671,323|         69.26|
+------------------+------------------+----------------------+--------------+

* On 7 April 2008, at a meeting of its shareholders, Charbrae Team Corporation
changed its name to Safeland Holdings (2008) Corporation.
** The issued share capital of Safeland Holdings (2008) Corporation is owned by
Larry Lipman, Errol Lipman and Steven Lipman in equal proportions.

Contacts:

Leo Insurance Services Plc                       Arbuthnot Securities
Larry Lipman, Managing Director                  John Prior, Ben Wells
Paul Davis, Finance Director                     Tel: 020 7012 2000
Tel: 020 8815 1600




                      This information is provided by RNS
            The company news service from the London Stock Exchange

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