IRF.L Regulatory News (IRF)

16 Nov 2005 07:03

IRF European Fin Investments Ltd 16 November 2005 Press Release 16 November 2005 IRF European Finance Investments Ltd. (the "Company") Dealings by Directors The Company was informed on 15 November 2005 that Angeliki Frangou, a directorof the Company, and/or her affiliates yesterday acquired 9,139,672 warrants tobuy common shares in the Company representing 9.97 per cent of the issuedwarrants. All warrants were acquired at a price of up to $0.50 per warrant.Following this purchase, Angeliki Frangou has an interest, directly and/orindirectly in 18.42 per cent of the issued warrants of the Company. - Ends - For further information: Collins Stewart LimitedSeema Paterson / Stewart Wallace Tel: +44 (0) 20 7523 8350 Sunrise Securities Corp.Sheldon Goldman, Managing Director Tel: +1 212 421 1616 Media enquiries: AbchurchHenry Harrison-Topham Tel: +44 (0) 20 7398 7700henry.ht@abchurch-group.com www.abchurch-group.com Collins Stewart Limited, which is regulated by the Financial Services Authority,is acting as Nominated Adviser and Broker exclusively for the Company inconnection with the arrangements described in this announcement, is not actingfor any other person and will not be responsible to any other person forproviding the protections afforded to customers of Collins Stewart Limited, orfor advising any other person in connection with the arrangements described inthis announcement. The responsibilities of Collins Stewart Limited, as NominatedAdviser, are owed solely to the London Stock Exchange. This information is provided by RNS The company news service from the London Stock Exchange