18th Mar 2005 09:11
Regus Group PLC18 March 2005 18 March 2005 REGUS GROUP PLC Regus Group plc ("Regus") announces that it has been informed that MaxonInvestments BV ("Maxon"), a company wholly owned by Regus' Chief Executive, MarkDixon, has raised funds totalling £28.7m in connection with a divorcesettlement. These funds have been raised by Maxon through the loan of28,728,000 shares ("Shares") - 2.92 per cent of Regus' total issued sharecapital - to Bear Stearns and the subsequent sale of these Shares in the market.Maxon retains an interest in the Shares in respect of any increase in theirvalue through an agreement with Bear Stearns. Maxon continues to hold366,329,286 million shares in Regus Group plc, representing 37.2 per cent of theCompany. The total issued share capital of Regus Group plc is 984,791,524 Ordinary Shares of 5 pence each. For further information, please contact: Richard Mountain, Financial Dynamics on 020 7269 7291 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
RGU.L