The Company was notified today that on 5 October 2012, Geoffrey Forsyth, the Chief Technical Officer of the Company, purchased 40,000 ordinary shares of 1p each in the Company ("Ordinary Shares") at a price of 15.75 pence each.

The Company was also notified today that on 4 October 2012, Geoffrey Forsyth purchased 10,000 Ordinary Shares at a price of 14.5 pence each.

As a consequence of these transactions, Geoffrey Forsyth is now interested in 942,657 Ordinary Shares, representing 2.97 per cent of the issued share capital of the Company.


For further details, please contact:

IPPlus plc

William Catchpole - Chief Executive Officer

R Stuart Gordon - Chief Financial Officer

+44 844 544 6800

N+1 Brewin (NOMAD & Broker)

Robert Beenstock


+44 20 3201 3710