13th Dec 2006 13:45
IPSA Group PLC13 December 2006 13 December 2006 IPSA Group plc ("IPSA" or "the Company") Notifiable Interest IPSA, the AIM and ALTx dual listed independent power plant developer withoperations in southern Africa, announces that on 11 December 2006 it receivedthe following notifications: • Morgan Stanley Securities Limited ("MSSL") has an interest in2,530,000 ordinary shares of 2p each in the Company ("Ordinary Shares"),representing 3.83% of the issued share capital of the Company. This representsthe entire holding of MSSL in the issued share capital of the Company as at thedate of notification; and • UBS AG ("UBS"), acting through its business group and legalentities, has increased its interest in the Company to 3,887,523 OrdinaryShares, representing 5.88% of the issued share capital of the Company. Thisrepresents the entire holding of UBS in the issued share capital of the Companyas at the date of notification. On 3 November 2006 UBS, acting through its business group and legal entities,had an interest in 3,025,000 Ordinary Shares, representing 4.57% of the issuedshare capital of the Company. On 4 April 2006, prior to the placings of 5,499,839 Ordinary Shares at the timeof the dual listing on 19 October 2006 and 6,000,000 Ordinary Shares to StanlibAsset Management Limited on 2 October 2006, MSSL had an interest in 2,530,000Ordinary Shares, representing 4.63% of the issued share capital of the Company. For further information please contact: Peter Earl, CEO, IPSA Group plc 020 7793 7676 Mark Froggatt, Noble & Company Limited 020 7763 2200 Allan Piper, First City Financial 07736 064982 020 7436 7486 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
IPSA.L