1st Feb 2011 09:38
Servoca Plc
("Servoca" or "the Company")
Director's Interests in Shares
Servoca, the AIM listed specialist outsourcing and recruitment solutions provider, announces that it was notified on 31 January 2011 that Hawk Investment Holdings Limited ("Hawk") had acquired on that date 24,337,481 ordinary 1p shares in the Company ("Ordinary Shares") from Southwind Limited at a price of 7p per Ordinary Share.
This transaction is a consequence of the Morton family re-arranging their combined family interests. Hawk is an investment company owned by Bob Morton, Chairman of the Company, and his wife. Southwind Limited is a trust for the benefit of one of Bob Morton's adult children.
Following this transaction, Bob Morton is beneficially interested in 35,337,481 Ordinary Shares, representing 28.8% of the issued share capital of the Company. There has been no change in the aggregate holdings of the Morton family and related trusts.
Contacts:
Servoca Plc:
Andrew Church 020 7747 3030
Glenn Swaby
finnCap:
Geoff Nash/Ed Frisby 020 7600 1658
Tom Jenkins/Simon Starr (broking)
Related Shares:
Servoca