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Holding(s) in Company - Replacement

18th Sep 2009 11:58

RNS Number : 3062Z
Pursuit Dynamics PLC
18 September 2009
 



The following announcement replaces the Holdings in Company announcement made by the Company released yesterday at 14:16 under RNS number 2449Z.

18 September 2009

Pursuit Dynamics plc

("Pursuit Dynamics" or the "Company")

Holdings in Company

The Company received notification on 16th September 2009 from Prudential plc that on 15th September 2009it acquired an interest in 2,921,003 ordinary shares. Following the transaction, Prudential plc has a total holding of 9,688,494 ordinary shares of 1p each in the Company, representing 14.89% per cent. of the Company's current issued share capital.

Prudential plc's total holding is partly held through M&G Investment Funds 3 which has a total holding of 8,300,000 ordinary shares of 1p each in the Company. The M&G Investment Funds 3 is an Open Ended Investment Company (OEIC) and is not a Prudential company and must be separately disclosed. The OEIC Fund is managed by M&G Investment Management Limited (a wholly owned subsidiary of Prudential plc) and will have been previously attributed to Prudential plc solely on the basis that M&G Investment Management Limited has direct fund management control over the 8,300,000 ordinary shares of 1p each in the Company.

- Ends-

For Further Information, please contact: 

Pursuit Dynamics Roel Pieper, Chief Executive  Tel: +44 (0)1480 422050

Donald Bell, Chief Financial Officer 

Financial Dynamics Ben Foster / Marc Cohen  Tel: +44 (0) 20 7831 3113

Cenkos Securities plc 

Ian Soanes / Max Hartley  Tel: +44 (0)20 7397 8924

Mirabaud Securities LLP

Rory Scott Tel: +44 (0) 20 7878 3360

Notes to Editors 

Pursuit Dynamics PLC (AIM: PDX) owns and commercialises the PDX fluid processing reactor whose benefits include significant reductions in energy usage, process acceleration and result enhancement for industries such as Bioethanol production, Food & Drink, Brewing, Fire Suppression and Decontamination. 
Pursuit Dynamics is headquartered in HuntingdonUK and has offices in NorwalkConnecticut, and FallbrookCaliforniaUSA
Further information is available at the Company's website: www.pursuitdynamics.com 

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