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Holding(s) in Company

22nd Dec 2014 07:00

RNS Number : 4159A
entu (UK) plc
22 December 2014
 

entu (UK) plc

 

("entu" or the "Company")

 

Holding(s) in Company

 

entu (UK) plc announces that Mr Brian Kennedy, a substantial shareholder, has notified the Company that on 19 December 2014 he transferred his entire holding representing 19,680,000 ordinary shares of £0.0005 ("Ordinary Shares") at a price of £1.035 per share, being the prevailing market price at the time of transfer, to his wife Mrs Christine Kennedy.

 

Mrs Christine Kennedy (who is deemed to be acting in concert with Mr Brian Kennedy in accordance with the City Code on Takeovers & Mergers) has entered into lock-in and orderly market arrangements on the same terms that were applicable to Mr Brian Kennedy at the time of the Company's admission to trading on AIM.

 

Following this transfer, Mrs Christine Kennedy's beneficial interest in the Company (including connected persons) is 19,680,000 Ordinary Shares representing 30 per cent. of the Company's issued share capital.

 

22 December 2014

 

 

ENQUIRIES

 

entu

020 7457 2020

Ian Blackhurst, Chief Executive Officer

Darren Cornwall, Group Chief Financial Officer

Grant Thornton UK LLP (Nominated Adviser)

0207 383 5100

Philip Secrett

Salmaan Khawaja

Jen Clarke

Jamie Barklem

Zeus Capital Limited (Broker)

020 7533 7727

John Goold

Dominic King

Andrew Jones

Instinctif Partners (Public Relations)

 020 7457 2020

Helen Tarbet

Harry Cameron

James Gray

 

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