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Disposal and lock-up arrangement

27th Apr 2017 08:59

RNS Number : 5240D
Peel Hunt LLP
27 April 2017
 

27 April 2017

 

 

Disposal and lock-up arrangement in respect of shares in Huntsworth plc

('Huntsworth' or the 'Company')

 

BlueFocus International Limited ('BlueFocus') confirms that it has today sold 45,913,000 ordinary shares in Huntsworth representing 14.0% of the Company's issued share capital through Peel Hunt LLP ('Peel Hunt'). BlueFocus has entered into a lock-up arrangement with Peel Hunt for its remaining holding of 17,286,369 ordinary shares, representing 5.3% of the Company's issued share capital. Under the lock-up arrangement, BlueFocus has undertaken, subject to customary exceptions, not to dispose of its shares in the Company for a period of 90 days from 27 April 2017 without the consent of Peel Hunt.

 

Enquiries:

 

BlueFocus International Limited

Tel: +1 650 772 6800

He Shen

 

 

 

Peel Hunt LLP

Tel: +44 (0) 20 7418 8900

Jock Maxwell Macdonald

 

Edward Knight

 

 

 

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