25 Jun 2010 13:35
25 June 2010
Better Capital Limited
(the "Company")
NOTIFICATION OF INTERESTS OF THE DIRECTORS AND MEMBERS OF THE CONSULTANT AND GENERAL PARTNER FOLLOWING THE FIRM PLACING AND PLACING AND OPEN OFFER
Further to the close of the Firm Placing and Placing and Open Offer at a price of 105 pence per New Share (the "Placing"), the Directors and members of the Consultant and General Partner today confirmed to the Company their interests in the ordinary shares of the Company. Shares subscribed for in the Placing are expected to be admitted to trading on 28 June 2010 ("Admission").
Directors
Richard Crowder
Shareholding before the Placing: 100,000 *
Subscribed for in the Placing: 0
Shareholding following Admission: 100,000 ordinary shares (0.0%)
* Represents investments of £50,000 each by Richard Crowder and his wife.
Richard Battey
Shareholding before the Placing: 0
Subscribed for in the Placing: 30,000
Shareholding following Admission: 30,000 ordinary shares (0.0%)
Philip Bowman
Shareholding before the Placing: 100,000
Subscribed for in the Placing: 150,000
Shareholding following Admission: 250,000 ordinary shares (0.1%)
Mark Huntley
Shareholding before the Placing: 0
Subscribed for in the Placing: 0
Shareholding following Admission: 0 ordinary shares (0.0%)
Members of the Consultant and General Partner
Jon Moulton
Shareholding before the Placing: 15,000,000
Subscribed for in the Placing: 4,523,809
Shareholding following Admission: 19,523,809 ordinary shares (9.4%)
Mark Aldridge
Shareholding before the Placing: 150,000
Subscribed for in the Placing: 0
Shareholding following Admission: 150,000 ordinary shares (0.1%)
Nick Sanders
Shareholding before the Placing: 200,000 **
Subscribed for in the Placing: 0
Shareholding following Admission: 200,000 ordinary shares (0.1%)
** Investment made through a discretionary trust in favour of Nick Sanders' children.
Laurence McNairn
Shareholding before the Placing: 0
Subscribed for in the Placing: 0
Shareholding following Admission: 0 ordinary shares (0.0%)
For further information, please contact:
| Mark Huntley (Director) Administrator and Company Secretary Laurence McNairn
| +44 (0)14 8171 6000 |
| Better Capital LLP Jon Moulton (Chairman)
| +44 (0)20 7440 0840 |
| Numis Securities Limited Sponsor, Nominated Adviser, Broker and Joint Placing Agent Nathan Brown Simon Blank
| +44 (0)20 7260 1000
|