23 Dec 2014 13:29
23 December 2014
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Earthport plc
("Earthport" or "Company)
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Transfer of Shares by a Director
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The Company has received notification from Hank Uberoi, Chief Executive of Earthport, that on 23 December 2014, HU Investments L.L.C., a family investment vehicle wholly controlled by Mr Uberoi, transferred 1.4 million ordinary shares in the Company to the Uberoi Foundation, a charitable foundation which is controlled by Mr Uberoi and his family. Furthermore, HU Investments L.L.C. has transferred 8,460,000 ordinary shares in the Company to Haystack Investments II, Ltd, an investment vehicle wholly owned and controlled by HU Investments.
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Following these transfers, Mr Uberoi's aggregate controlled interest in Earthport remains unchanged and totals 26,062,450 ordinary shares, representing 5.48 per cent. of the issued share capital of the Company, and are held as follows:
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Name | Ordinary Shares held |
Haystack Investments II, Ltd (100% owned by Hu Investments) | 22,880,632 Â |
HU Investments L.L.C | 1,381,818 |
Total owned by HU investments  | 24,262,450  |
Uberoi Foundation | 1,800,000 |
Total | 26,062,450 |
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For further information, please contact:
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Earthport plc Hank Uberoi  | 020 7220 9700 |
Charles Stanley Securities Mark Taylor / Paul Brotherhood  | 020 7149 6000 |
Panmure Gordon Fred Walsh  | 020 7886 2500 |
Newgate Threadneedle Fiona Conroy / Caroline Forde / Josh Royston / Jasper Randall  | 020 7653 9850 |
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