FACTBOX-UK companies whose directors used stakes as collateral

LONDON, Jan 21 (Reuters) - A string of UK companies have revealed directors
using company shares as collateral for personal loans.

The UK's Financial Services Authority clarified its rules on the holdings on
Jan. 9, and has required all companies to disclose existing positions by Jan.
23. Investors fear that should a loan default, the shares would be sold and
their value fall.

The FSA move came after Carphone Warehouse's (CPW.L) co-founder David Ross
failed to disclose shares held as security for personal loans within the
required timeframe, triggering his resignation. [ID:nL82358]

Following are significant statements made to the market since the FSA issued
its guidance on Jan. 9:

COMPANY RIC DIRECTOR NUMBER OF SHARES DATE

Grainger (GRI.L) Deputy chairman 2 mln Jan 21

Kazakhmys (KAZ.L) Chairman, CEO 49 mln Jan 21

JD Wetherspoon (JDW.L) Chairman 3.6 mln Jan 21

Domino's Pizza (DOM.L) Chairman, directors 29 mln Jan 21

Keller (KLR.L) Non-exec director 3 mln Jan 20

Sterling Energy (SEY.L) Deputy chairman 9.5 mln Jan 20

Stagecoach (SGC.L) CEO, director 35 mln Jan 20

SThree (STHR.L) Director 2.8 mln Jan 19

Assura (AGRP.L) CFO 1.3 mln Jan 16

Climate Exchange (CLIE.L) CEO 1.1 mln Jan 16

Hikma (HIK.L) Chairman, directors 3.6 mln Jan 15

Hardy Oil & Gas (HAOG.L) CEO 5.7 mln Jan 9

(Compiled by Rosalba O'Brien; editing by Simon Jessop)