23rd Dec 2008 15:12
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For Immediate Release |
23 December 2008 |
CORAC GROUP PLC (the "Company")
Holdings in the Company
The Company was informed that, as at 18 December 2008, Barclays PLC increased their interest and voting rights in the ordinary shares of nominal value 10p each in the Company ("Ordinary Shares") to 4,337,438 Ordinary Shares, representing 5.0% of the issued share capital. Prior to this notification their interest and voting rights in the Ordinary Shares were less than 3.0%.
For further information please contact:
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Professor Gerry Musgrave |
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Corac Group plc |
Tel: 01895 813463 |
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Ivonne Cantu/Camilla Hume - Corporate Finance |
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Christian Hobart - Sales |
Tel: 020 7397 8900 |
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Cenkos Securities plc |
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Richard Darby/ Ben Romney |
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Buchanan Communications Ltd |
Tel: 020 7466 5000 |
NOTES TO EDITORS
Corac is an intellectual property, engineering and licensing group which holds many patents. It focuses on high speed electrical direct drive turbo machinery based on its unique expertise in gas bearings. Corac has created an innovative 'no oil' turbo compressor together with a unique gas seal, and is part of a joint industry programme for the downhole gas extraction industry.
Further information on Corac is available on the internet at www.corac.co.uk
Related Shares:
TPG.LBarclays