19th Feb 2008 16:48
Red24 PLC19 February 2008 Red24 plc (the "Company") Holdings in Company Red24 plc ('Red24'), announces that it was notified on 18 February 2008 that on14th February 2008 Merchant Corporate Limited disposed of 3,650,000 Ordinary Shares of Red24 at a price of 3.5p, representing 8.4% of the issued share capital and voting rights of the Company. Following the disposal, Merchant Corporate Limited no longer has a notifiable interest in the Company. In addition the Company was notified on 18 February that C4E Group plc acquired 3,635,000 Ordinary Shares of Red24 at a price of 3.5p representing 8.4% of the issued share capital of the Company and that on the 15th February it acquired a further 600,000 Ordinary Shares at a price of 3.5p taking its interest in the Company to 9.8%. - Ends - For further information please contact: Red24 plcSimon Richards, Chairman Tel: 0208 080 0217 Threadneedle CommunicationsJosh Royston / Graham Herring Tel: 0207 936 9606 HB CorporateLuke Cairns Tel: 0207 510 8600 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
REDT.L