The Company has been notified that on 26 February 2008, Mr David J Greer, the Chairman and Chief Executive Officer of the Company, purchased a total of 80,000 ordinary shares of 5 pence each in the capital of the Company (“Ordinary Shares”) at a price of £1.50 each pursuant to the placing announced by the Company on 24 January 2008. Mr Greer’s holding in the Company now stands at 80,000 Ordinary Shares, representing in aggregate approximately 0.04 per cent of the Company's issued Ordinary Share capital.
The Company has also been notified that on 22 February 2008, Mr Francesco Scolaro, a Non-Executive Director of the Company, purchased a total of 620,000 Ordinary Shares at a price of £1.50 each pursuant to the placing announced by the Company on 24 January 2008. Mr Scolaro's holding in the Company now stands at (i) 753,879 Ordinary Shares and (ii) an interest in 1,448,067 Ordinary Shares held through derivative or economic instruments, representing in aggregate approximately 1.09 per cent of the Company's issued Ordinary Share capital.
For further information, please contact:
Regal Tel: 020 7408 9500
David J Greer, Chairman & CEO
Strand Partners Tel: 020 7409 3494
Simon Raggett / Rory Murphy
Mirabaud Securities Tel: 020 7878 3362
Peter Krens / Pav Sanghera
Citigate Dewe Rogerson Tel: 020 7638 9571
Media enquiries: Martin Jackson
Analyst enquiries: Scott Fulton