12 Apr 2017 17:30
12 April 2017
Escher Group Holdings plc
Notification of Major Interest in Shares
Escher Group Holdings plc (AIM: ESCH, "Escher" or "the Company"), a world leading provider of outsourced, point of service software to the postal industry, received notification earlier today that Alto Invest is now a holder of 570,276 ordinary shares in the Company, representing 3.04 per cent. of the Company's issued share capital and voting rights.
The full chain of controlled undertakings through which the ordinary shares in the Company are effectively held is below:
· 310,776 ordinary shares are held by Fortune Europe 2014 fund representing 1.66 per cent. of the Company's issued share capital and voting rights
· 158,500 ordinary shares are held by Fortune Europe 2013 fund representing 0.85 per cent. of the Company's issued share capital and voting rights
· 71,000 ordinary shares are held by Fortune Alto 2012 fund representing 0.38 per cent. of the Company's issued share capital and voting rights
· 30,000 ordinary shares are held by Fortune Europe 2015 fund representing 0.16 per cent. of the Company's issued share capital and voting rights
This disclosure has been calculated based on total ordinary shares in issue of 18,733,835.
Enquiries:
Escher www.eschergroupholdings.com | +353 (0)1 254 5400 |
Liam Church, Chief Executive Officer Clem Garvey, Chief Financial Officer | |
Panmure Gordon | +44 (0)20 7886 2500 |
Andrew Godber/Alina Vaskina, Corporate Finance | |
Erik Anderson, Corporate Broking | |
Instinctif Partners | +44 (0)20 7457 2020 |
Adrian Duffield/Chris Birt |
About Escher
Escher is a world leading provider of outsourced point-of-service software for use in the worldwide postal, retail and government sectors. Its core software, Riposte®, a Digital Transaction Platform enables its customers to expand their offerings, providing new services, reducing costs and increasing efficiency
The Riposte® Platform securely extends the retail branch network. Escher's technology creates new revenue opportunities, it streamlines operations and its flexibility allows it to be deployed across multiple platforms and devices, giving the ultimate freedom of choice when it comes to channel and hardware selection.
Escher's focus is to ensure the success of its customers by delivering the very best in innovative technology for their business.