Last checked at 17 Sep 2009 14:16
17 September 2009
Pursuit Dynamics plc
("Pursuit Dynamics" or the "Company")
Holdings in Company
The Company received notification on 16th September 2009 from M & G Investment Funds 3 that on 15th September 2009, it acquired an interest in 2,569,277 ordinary shares. Following the transaction, M& G Investment Funds 3 has a total holding of 8,300,000 ordinary shares of 1p each in the Company, representing 12.76 % per cent. of the Company's current issued share capital.
Furthermore, the Company also received notification on 16th September 2009 from Prudential plc that on 15th September 2009, it acquired an interest in 2,921,003 ordinary shares. Following the transaction, Prudential plc has a total holding of 9,688,494 ordinary shares of 1p each in the Company, representing 14.89% per cent. of the Company's current issued share capital.
- Ends-
For Further Information, please contact:
Pursuit Dynamics Roel Pieper, Chief Executive Tel: +44 (0)1480 422050
Donald Bell, Chief Financial Officer
Financial Dynamics Ben Foster / Marc Cohen Tel: +44 (0) 20 7831 3113
Cenkos Securities plc
Ian Soanes / Max Hartley Tel: +44 (0)20 7397 8924
Mirabaud Securities LLP
Rory Scott Tel: +44 (0) 20 7878 3360
Notes to Editors
Pursuit Dynamics PLC (AIM: PDX) owns and commercialises the PDX fluid processing reactor whose benefits include significant reductions in energy usage, process acceleration and result enhancement for industries such as Bioethanol production, Food & Drink, Brewing, Fire Suppression and Decontamination.
Pursuit Dynamics is headquartered in Huntingdon, UK and has offices in Norwalk, Connecticut, and Fallbrook, California, USA.
Further information is available at the Company's website: www.pursuitdynamics.com