19th Jul 2012 16:51
Sepura plc
19 July 2012
SEPURA PLC ("THE COMPANY")
DISPOSAL OF SHARES BY PRINCIPAL SHAREHOLDERS
The Company notes today's announcement by four of the Principal Shareholders of the Company (John Drinkwater, Jonathan Green, Sion Kearsey and Michael Sherwood) of the disposal of an aggregate of 10,780,000 Ordinary shares in the Company. The Principal Shareholders have advised the Company that, following the Company's recent results announcement and subsequent substantial institutional demand for stock, they have sold a limited portion of their holdings in order to aid liquidity and broaden the shareholder base. Following these transactions the Principal Shareholders hold an aggregate of 57,106,900 Ordinary shares in the Company, representing 41.76% of the Company's Issued Share Capital, and remain long-term holders.
For further information please contact:
Sepura plc Tel: 01223 876000
Gordon Watling, CEO
Steve Chamberlain, CFO
Powerscourt (Media Enquiries) Tel: 020 7250 1446
Paul Durman
Sophie Moate
Notes to Editors:
About Sepura
Sepura is a global leader in the design, manufacture and supply of TETRA (TErrestrial Trunked RAdio) digital communications solutions, which are used predominantly by the emergency services around the world and in the transport, utilities and commercial sectors.
Sepura offers one of the broadest ranges of TETRA products available, is often first to market with innovative products and features, and is a market leader in the supply of surveillance and other specialist TETRA radios and accessories. Founded in the UK in 2002, Sepura has expanded rapidly across the world and on 16 May 2012 announced the acquisition of TETRA infrastructure supplier 3T Communications, enabling Sepura to offer a complete TETRA solution. Sepura has a network of regional partners that sell and provide local support for our market-leading products and is the market leader in over 30 countries.
With its headquarters in Cambridge, England and employing over 300 employees, Sepura was admitted to the Official List of the London Stock Exchange on 3 August 2007. For further information please visit www.sepura.com.
Related Shares:
SEPU.L