2nd Mar 2009 13:00
ADDleisure Plc / Epic: ADE.L / Index: AIM / Sector: Leisure
2 March 2009
ADDleisure Plc ('ADDleisure' or 'the Company')
Holdings in Company
ADDleisure Plc, the AIM traded company formed to develop products and services in the health and wellness sector, announces that following the passing of a resolution at a General Meeting of Westside Acquisitions Plc held earlier today, it was informed that Pantheon Leisure Plc is now interested in 22,540,000 ordinary shares of 0.5p each representing 10.7% of the issued share capital of ADDleisure. Pantheon Leisure Plc also holds 2,820,000 warrants to subscribe for 2,820,000 new ordinary shares of 0.5p each in ADDleisure.
Westside Acquisitions Plc no longer has an interest in the ordinary shares or warrants of ADDleisure.
** E N D S **
For further information visit www.addleisure.com or contact:
|
Mike Mills |
ADDleisure Plc |
Tel: 020 7449 1000 |
|
Mark Percy |
Seymour Pierce |
Tel: 020 7107 8000 |
|
Susie Callear |
St Brides Media & Finance Ltd |
Tel: 020 7236 1177 |
Notes
ADDleisure Plc, 29% owned by BUPA, was formed to develop products and services in the leisure and wellness sectors, helping to meet the growing demand for innovative new health and fitness solutions. Its key products/services include:
Movers and Shapers Limited (50/50 with BUPA) - a groundbreaking retail concept for health and fitness services utilising Fitbug and Power Plate technology
Fitbug Limited (50/50 with BUPA) - developers of an online personal health and well-being coach, which has secured major contracts with corporate clients such as BP and private medical insurance company PruHealth
Digital Plantation Limited (50.2% interest) - developers of Ez-Systems, intelligent booking software, used in a range of sectors both in the UK and internationally
The Company has a highly experienced management team including Allan Fisher, founder and former CEO of Holmes Place plc; David Turner, founder and former director of LA Fitness plc; Michael Warshaw, former owner and Chairman of Molton Brown; and David Cummin, founder and former director of Membertrack Limited, a leading club membership software provider.
Related Shares:
BIDS.L