One in, one out for Shrews

Holden joins Shrewsbury as Pugh departs

Simpson: Happy with business

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Shrewsbury Town have completed the signing of Falkirk defender Dean Holden, while Marc Pugh has left by mutual consent.

The Manchester-born Northern Ireland international spent the past two seasons with Falkirk after previously playing for Oldham and Peterborough.

Holden has penned a two-year contract at the ProStar Stadium, much to the joy of Shrews boss Paul Simpson.

Versatile

"I am delighted we have managed to secure Dean's signature," Simpson told the club's official website.

"He is a very versatile player who can play all across the back four, and I am hoping that he will cement the right back position and make that his own.

"I had to move quickly to bring someone in after the departure of Darren Moss but I feel we have got a player who will be a real asset to the squad."

Mutual consent

Meanwhile, Simpson has confirmed Pugh, who spent the end of last season on loan with Hereford, has seen the remainder of his contract cancelled by mutual consent.

The 22-year-old had 12 months remaining on his existing deal and the club will now use the additional space in their wage budget to strengthen the team.

"Marc and I had a chat at the end of last season where I explained my plans to him," he continued. "We both felt that it was in our best interests that he moved on.

"We have reached an agreement on compensation and the savings made by doing this will be ploughed straight back into strengthening the squad further."