Last checked at 2 Mar 2011 16:54
ANGLE plc ("the Company")
Director's share transfer
ANGLE plc ("ANGLE"), the international venture management company focusing on the commercialisation of technology and the development of technology-based industry, announces that it has received notification from Andrew Newland, Chief Executive of ANGLE, regarding the transfer of ordinary shares of 10p each ("Ordinary Shares") in the Company.
The Company was notified on 2 March 2011 that on the same day Andrew Newland transferred off market 544,690 ordinary shares of 10 pence each in the Company ("Ordinary Shares") to his personal pension fund at a price of 27.5 pence per share; 509,898 Ordinary Shares were transferred from himself and 34,792 Ordinary Shares from his wife, Mrs Harriet Newland.
There is no change to Mr Newland's beneficial interest in the Company, which following this notification remains at 7,054,686 Ordinary Shares representing 23.18 per cent. of the Company's issued share capital.
For further information:
ANGLE plc | 01483 685830 |
Andrew Newland, Chief Executive Ian Griffiths, Finance Director
| |
Collins Stewart Europe Limited Stewart Wallace
| 0207 523 8350 |
Scott Harris Stephen Scott, James O'Shaughnessy, Harry Dee
| 0207 653 0030 |
Notes to Editors
ANGLE plc
Founded in 1994, ANGLE focuses on the commercialisation of technology and the development of technology-based industry. ANGLE creates, develops and advises technology businesses on its own behalf and for its clients.
ANGLE's specialist Management services business provides support on a fee-for-service basis to major clients around the world involved in incubation, IP commercialisation, SME innovation and growth and the operation of science & technology parks.
ANGLE also owns a portfolio of company holdings with high growth potential in the medical and technology sectors. These have been developed whilst subsidiaries of ANGLE using its proprietary Progeny® process. ANGLE seeks to retain a substantial shareholding in these companies with a view to ongoing returns from dividend, milestone, royalty and capital returns.
ANGLE's technology commercialisation skills are of increasing relevance as global economies focus on regeneration, innovation and value added components to their industries. ANGLE's technology skills in IT and software, medical and life sciences, cleantech and renewable energies are directly relevant to major growth markets of the future and are marketed as specialised Management services.
ANGLE is quoted on AIM (AGL.L); further information can be found on www.ANGLEplc.com