21st Mar 2007 07:02
Future Internet Technologies PLC21 March 2007 21 March 2007 Future Internet Technologies plc ("FIT" or "the Company") Notification of Interest(s) The Company has been informed that on 20 March 2007 Robert Bonnier had disposedof his interest in Cold Investments Limited to ExploitatiemaatschappijHolland-Brabant BV, a company in which Johan Frencken is interested. Formalannouncements of the changes in the respective parties' interests have been madethis morning. Mr Frencken wrote to the Board yesterday afternoon confirming his interest inExploitatiemaatschappij Holland-Brabant BV and stating his support for theCompany. Mr Frencken explained that his investment philosophy is to identifybusinesses with breakthrough technologies and/or capabilities and to assist themin reaching their full potential over a ten year investment horizon. MrFrencken also made it clear that he had no current intention to make a bid forcontrol of the Company. Mr Frencken has, since 1983, as an entrepreneur, been involved in multipletechnology and Real-Estate companies throughout Europe. One of these technologyinvestments was Rijnhaave Group in the Netherlands which was sold to BT in 1996. His current activities as a private investor include various investmentsincluding Tresforte Group, a Real-Estate investment group; Solar Global InvestBV, a company involved in the development and exploitation of sun-energy inSpain; and Ascure NV, an information risk management company based in Belgium. Enquiries: Financial DynamicsHarriet Keen/Matt Dixon +44 (0)20 7831 3113 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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