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24 Mar 2011 09:00
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24 March 2011
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IPSA Group PLC
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("IPSA" or the "Company")
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Notifiable Interest
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Further to the Company's announcement on 25 February 2011, in connection with IPSA's placing to raise Β£1 million, IPSA announces that it received formal notification on 23 March 2011 that Sterling Trust Limited acquired 10 million ordinary shares of 2p each in the Company ("Ordinary Shares") on 3 March 2011.
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As a result, Sterling Trust Limited holds an interest in 31,694,105 Ordinary Shares, representing 29.48% of the issued share capital of the Company.
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For further information contact:
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Β Peter Earl, CEO, IPSA Group PLC | Β +44 (0)20 7793 5615 Β |
Β John Llewellyn-Lloyd / Harry Stockdale, Execution Noble & Company Ltd | Β +44 (0)20 7456 9191 Β |
Β Riaan van Heerden, PSG Capital (Pty) Ltd | Β +27 (0)21 887 9602 |
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