3rd Aug 2011 08:03
Servoca Plc
("Servoca" or "the Company")
Notification of Major Interests in Shares
Servoca, the AIM listed specialist outsourcing and recruitment solutions provider, received notification today that on 1 August 2011 Groundlinks Limited purchased 3 million Ordinary Shares in the Company at a price of 5 pence per share. Following this transaction, Groundlinks Limited has an interest in the Company of 6,109,164 shares which is equal to 4.86% of the total voting rights in the Company.
Groundlinks Limited is considered to be included in a concert party under the influence of ALR Morton, Chairman of the Company. The concert party comprises Southwind Limited, Hawk Investment Holdings Limited, Retro Grand Limited, Seraffina Holdings Limited and Groundlinks Limited which together held 52.2% prior to this transaction. Following the above purchase, the concert party now holds 54.60% of total voting rights in the Company.
Contacts:
Servoca Plc:
Andrew Church 020 7747 3030
Glenn Swaby
finnCap:
Geoff Nash/Ben Thompson 020 7600 1658
Tom Jenkins/Simon Starr (broking)
Related Shares:
Servoca