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Notification of Substantial Shareholdings

12th Aug 2013 07:00

RNS Number : 4319L
Concha plc
12 August 2013
 

12 August 2013

Concha PLC("Concha" or the "Company")

Notification of Substantial Shareholdings

Concha plc ("Concha" or the "Company"), the AIM quoted investment company focused on investing in media, communications and technology companies, announces that as a result of the c. £1 million successfully completed placing (the "Placing") announced on 08 August 2013, Mr. Andrew Black and Euroblue Investments Limited each have a holding of 12.86 per cent in the Company. Euroblue Investments Limited is the investment vehicle of Mr. Nigel Wray.

Mr. Andrew Black and Euroblue Investments Limited each subscribed for 100,000,000 new Ordinary Shares of 0.1p each in the Company at the placing price of 0.35p (the "Placing Price").

Further, as part of the Placing, Mr. Andrew Black and Euroblue Investments Limited each received 25,000,000 warrants, exercisable at the Placing Price and within an exercise period of 5 years from the date of issue.

 

Enquiries:

 

Concha plc [email protected]

Chris Akers, Executive Chairman

 

Strand Hanson Limited (Nominated Adviser and Joint Broker) 020 7409 3494

James Harris

Andrew Emmott

Ritchie Balmer

 

PeterHouse Corporate Finance (Joint Broker) 020 7926 0935

Jon Levinson

Lucy Williams

 

 

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