Impax Asset Management Regulatory News (IPX)

15 Aug 2006 11:37

Impax Group PLC15 August 2006 Impax Group plc ("Impax" or the "Company") Sanne Trust Company Limited, as trustee of the Impax Group Employee BenefitTrust ("IGEBT"), yesterday sold 464,920 ordinary shares of 1p each in theCompany ("Ordinary Shares"). This disposal provides funds for the purchase of8.075 million Ordinary Shares by the IGEBT at nominal value. Following thisdisposal, the IGEBT is interested in 14,880,080 Ordinary Shares, representingapproximately 13.84 per cent. of the Ordinary Shares in issue. Following the conversion of Impax Group plc 5.5% Convertible Unsecured LoanStock 2009 and admission to trading of Ordinary Shares arising on conversion on7 August 2006, Keith Falconer, Chairman of the Company, was interested in6,329,263 Ordinary Shares, representing approximately 5.89 per cent. of theOrdinary Shares in issue. Mr Falconer has bought 219,947 Ordinary Shares being sold by the IGEBT at aprice of 17.5p per share. Following this transaction Mr Falconer is interestedin 6,549,210 Ordinary Shares, representing approximately 6.09 per cent. of theOrdinary Shares in issue. Following the conversion of Impax Group plc 5.5% Convertible Unsecured LoanStock 2009 and admission to trading of Ordinary Shares arising on conversion on7 August 2006, Ian Simm, Chief Executive of the Company, was interested in371,976 Ordinary Shares, representing approximately 0.35 per cent. of theOrdinary Shares in issue. Mr Simm has bought 114,285 Ordinary Shares being sold by the IGEBT at a price of17.5p per share. Following this transaction Mr Simm is interested in 486,261Ordinary Shares, representing approximately 0.45 per cent. of the OrdinaryShares in issue. Following the conversion of Impax Group plc 5.5% Convertible Unsecured LoanStock 2009 and admission to trading of Ordinary Shares arising on conversion on7 August 2006, Nigel Taunt, an executive director of the Company, was interestedin 513,000 Ordinary Shares, representing approximately 0.48 per cent. of theOrdinary Shares in issue. Mr Taunt has bought 57,142 Ordinary Shares being sold by the IGEBT at a price of17.5p per share. Following this transaction Mr Taunt is interested in 570,142Ordinary Shares, representing approximately 0.53 per cent. of the OrdinaryShares in issue. Following the conversion of Impax Group plc 5.5% Convertible Unsecured LoanStock 2009 and admission to trading of Ordinary Shares arising on conversion on7 August 2006, David Kempton, a non executive director of the Company, isinterested in 1,997,367 Ordinary Shares, representing approximately 1.86 percent. of the Ordinary Shares in issue. Following the conversion of Impax Group plc 5.5% Convertible Unsecured LoanStock 2009 and admission to trading of Ordinary Shares arising on conversion on7 August 2006, Melville Haggard, an executive director of the Company, isinterested in 180,313 Ordinary Shares, representing approximately 0.17 per cent.of the Ordinary Shares in issue. The Company has 107,524,098 Ordinary Shares in issue. 15 August 2006 This information is provided by RNS The company news service from the London Stock Exchange