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Acquisition of a significant interest in Porvair

19th May 2009 08:47

RNS Number : 4790S
GGG S.p.A.
19 May 2009
 

GGG S.p.A.

 

19 May 2009 

Acquisition of a significant interest in Porvair plc ("Porvair") 

 

GGG S.p.A. ("GGG") announces that it has acquired 8,751,427 ordinary shares of Porvair for cash, equivalent to approximately 20.8 per cent. of Porvair's issued share capital, at a price of 60 pence per share and approximately £5.3 million in total. 

 

GGG now holds a total of 9,239,528 ordinary shares of Porvair, equivalent to approximately 22.0 per cent. of Porvair's issued share capital. 

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