21st Jan 2009 14:06
21 January 2008
Acta SpA ("Acta" or "the Company")
Director's Disclosure
The Chairman of Acta, Mr Robert Drummond, is also a director of Cornerstone Developments (Holdings) Limited ("CDH"), a UK residential property development company. Cornerstone Developments Limited ("Cornerstone") is a wholly owned subsidiary of CDH and Mr Drummond is also a director of Cornerstone. As a result of the downturn in the UK property market Cornerstone has been placed into Creditors' Voluntary Liquidation.
This disclosure is made as a matter of record in accordance with paragraph (g) of Schedule 2 of the AIM Rules. Other than Mr Drummond's directorship, the events at Cornerstone have no connection with Acta and have no impact on Acta or its business.
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For further information, please contact:
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Acta S.p.A |
020 7360 4900 |
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Paul Barritt |
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Charles Stanley Securities |
020 7149 6000 |
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Nominated Adviser |
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Russell Cook/Freddy Crossley |
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Smithfield Group |
020 7360 4900 |
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Katie Hunt/Will Henderson |
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