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Holding(s) in Company

11th May 2011 11:07

RNS Number : 3819G
Rotala PLC
11 May 2011
 



Rotala plc

("Rotala" or the "Company")

 

 

Holding in Company

 

Rotala has been notified that on 10 May 2011 Ludgate 181 (Jersey) Limited ("Ludgate 181") sold £200,000 nominal of its holding of the 8% Convertible Unsecured Loan Notes ("CULS") in the Company.

 

Following these transactions, Ludgate 181 is interested in 1,730,221 ordinary shares representing 4.99% of the issued share capital of Rotala and £605,850 of the CULS, representing 15.0% of the outstanding CULS.

 

John Gunn, Chairman of Rotala, is a director of Ludgate 181 and is interested in 19.86 percent of the issued share capital of that company.

 

John Gunn's beneficial holding in the ordinary shares of the Company (being the shares owned by Mr. Gunn, his wife, Wengen Limited and the Wengen Pension Plan) is 5,498,044 ordinary shares, representing 15.84 per cent. of the issued share capital and voting rights of the Company.

 

John Gunn's total interest in the ordinary shares of the Company (being his beneficial interest set out above, added to that of Ludgate 181 (Jersey) Limited and certain family trusts of which he is a trustee) is 9,191,171 ordinary shares, representing 26.48 per cent. of the issued share capital and voting rights of the Company.

 

 

For further information please contact:

 

Rotala plc

Simon Dunn, Chief Executive

07825 808 525

Kim Taylor, Group Finance Director

07825 808 529

Charles Stanley Securities

020 7149 6000

Nominated Adviser and Broker

Mark Taylor / Marc Milmo

 

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