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Holding(s) in Company

20th Aug 2009 07:00

RNS Number : 7259X
Immunodiagnostic Systems Hldgs PLC
20 August 2009
 



 

Immunodiagnostic Systems Holdings plc

Holding(s) in Company

Immunodiagnostic Systems Holdings plc ("IDS" or "the Company"), a leading producer of diagnostic testing kits for the clinical and research markets, announces that on 19 August 2009 Nordic Bioscience A/S ("Nordic") disposed of its entire holding in IDS, with the majority of the shares being purchased by Forum Venture Capital GmbH ("Forum"), taking their holding to 24.6%.

Following the purchase of ordinary shares Forum has a direct interest in 6,504,364 voting shares in the Company, representing 24.6% of the issued share capital.  Prior to the transaction Forum held 4,221,064 voting shares in IDS.

Prior to the transaction Nordic held 2,783,300 voting shares in IDS.  Nordic was the vendor of Nordic Bioscience Diagnostics A/S acquired by IDS in 2007 with the consideration satisfied in cash and 2,783,300 IDS shares.

Enquiries:

Immunodiagnostic Systems Holdings Plc

Tel: 0191 519 0660

Roger Duggan, CEO

Paul Hailes, Finance Director

Brewin Dolphin Investment Banking

Tel: 0845 213 4730

Andrew Emmott

Sean Wyndham-Quin

Walbrook PR Ltd

Tel: 020 7933 8787

Paul McManus

Mob: 07980 541 893

[email protected]

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