Draganfly Investments Regulatory News (DRG)

28 Jul 2005 16:00

Draganfly Investments Ltd28 July 2005 FORM SAR 3 DISCLOSURE OF ACQUISITIONS(Rule 3 of The Rules Governing Substantial Acquisitions of Shares) Name of acquirer Draganfly Investments Limited Beneficial owner, if different from above N/A Names of any other persons acting by agreement I-Value plcor understanding (see SAR 5) Mark Ian Horrocks Horrocks Guardian Limited Dewscope Limited Company dealt in Immedia Broadcasting plc Class of voting shares (eg ordinary shares) Ordinary Shares of 10 p each Date of acquisition 28 July 2005 Number of shares acquired 500,000 Number of rights over shares acquired # N/A Nature of rights over shares N/A Total holding of voting shares (and percentage 2,805,000 (23.96%)of total voting shares in issue) Total holding of rights over shares (and N/Apercentage of total voting shares in issue) Combined total holding (and percentage) of 2,805,000 (23.96%)voting shares and rights over shares Date of disclosure 28 July 2005 Contact name Harry Nicholas Telephone number 020 7426 9000 # 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