The Company was notified on 4th June 2010 that on that day, William Catchpole, the Managing Director of the Company, purchased 37,500 ordinary 1p shares in the Company ('Ordinary Share') at a price of 7 pence each and then transferred 100,000 Ordinary Shares at a price of 6.0625 pence per share to a SIPP belonging to William Catchpole.
As a consequence of these transactions William Catchpole is now interested in 1,773,645 shares, representing 5.95 per cent of the issued share capital of the Company.
The Company was also notified on 4th June 2010 that on that day, Geoffrey Forsyth, the Technical Director of the Company, purchased 37,500 Ordinary Shares at a price of 7 pence each.
As a consequence of this transaction Geoffrey Forsyth is now interested in 746,324 shares, representing 2.51 per cent of the issued share capital of the company.
For further information, please contact:
IPPlus Plc - Finance Director (01473 321800)
Brewin Dolphin, Nominated Adviser (0845 213 4748)