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SAR 5 - Innovation Group Plc

27th Apr 2005 11:48

Cantor Fitzgerald Europe27 April 2005 FORM SAR 5 DISCLOSURE OF DISPOSALS (Rule 5 of The Rules Governing Substantial Acquisitions of Shares) Name of seller Cantor Fitzgerald EuropeBeneficial owner, if different from above N/A Names of any other persons acting by agreement N/Aor understanding (see SAR 5)Company dealt in Innovation Plc Class of voting shares (eg ordinary shares) Ordinary Shares Date of disposal 21st April 2005 Number of shares disposed of 1,820,000 Number of rights over shares disposed of # 1,820,000Nature of rights over shares Beneficial Total holding of voting shares (and percentage 69,851,000of total voting shares in issue) Total holding of rights over shares (and -percentage of total voting shares in issue) Combined total holding (and percentage) of 69,851,000 15.94%voting shares and rights over shares Date of disclosure 27th April 2005 Contact name Claire Swaby Telephone number 020 7894 7990 # See the definition of "rights over shares" in the Definitions Section of theSARs. For details of the SARs disclosure requirements, see SARs 3 and 5 and theirNotes which can be viewed on the Takeover Panel's website atwww.thetakeoverpanel.org.uk. This information is provided by RNS The company news service from the London Stock Exchange

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