24th Apr 2009 07:00
24 April 2009
IPSA Group PLC
("IPSA" or "the Company")
Director's Shareholding
IPSA Group PLC announces that it was informed on 22 April 2009 that Peter Earl, Chief Executive Officer of IPSA, has transferred 5 million Ordinary Shares in the Company to his wife, Emma Earl, at a transfer price of 13 pence per share on 22 April 2009.
As a result of this transfer Mr. Earl's beneficial holding in the Company remains unchanged at 13,447,500, representing 14.2 per cent. of the issued share capital of IPSA. This figure includes 3,437,500 Ordinary Shares in IPSA held by Independent Power Corporation PLC, a company in which he has a controlling interest.
For further information contact:
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Peter Earl, CEO, IPSA Group PLC:
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+44 (0)20 7793 7676
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Elizabeth Shaw, COO, IPSA Group PLC:
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+44 (0)20 7793 7676
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John Llewellyn-Lloyd, Noble & Company Ltd:
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+44 (0)20 7763 2200
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(Nominated Adviser and Joint Broker)
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Allan Piper, First City Financial Public Relations:
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+44 (0)20 7436 7486
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(UK PR Advisers)
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Dino Theodorou, PSG Capital
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+27 11 797 8400
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(Pty.) Limited: (South African Sponsors)
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Sugitha Naidoo, College Hill:
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+27 11 447 3030
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(South African PR Advisers)
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Or visit IPSA's website: www.ipsagroup.co.uk
Related Shares:
IPSA.L