3rd Sep 2009 10:37
3 September 2009
Corac Group plc (the "Company")
Holdings in the Company
The Company was informed on 2 September 2009 that Gartmore Investment Limited no longer holds a notifiable interest in the ordinary shares of the Company.
For further information please contact:
Corac Group plc (tel: 01895 813463) Professor Gerry Musgrave, Executive Chairman Philip Newell, Finance Director
finnCap (tel: 020 7600 1658) Geoff Nash, Corporate Finance Marc Young, Corporate Finance Brian Patient, Sales
NOTES TO EDITORS
Corac is an engineering and technology company developing and patenting innovative solutions utilising its compact, high power compressors based on its unique expertise and technology including oil free air bearings, high speed motors and power electronics.
Corac's pre-production, energy efficient compressors are supercharging existing industrial air compressors used in the food and beverage industry. Corac is also part of a joint industry programme with major gas operators to deploy Corac's technology in waning natural gas wells to increase the amount and rate of gas extraction.
Further information on Corac is available on the internet at www.corac.co.uk
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TPG.L