Livermore Regulatory News (LIV)

3 Jan 2007 13:05

Empire Online Limited03 January 2007 Empire Online Limited ("Empire Online" or "the Company") Empire Online has been notified that Noam Lanir, Chief Executive Officer of theCompany, has acquired 1.5 million ordinary shares in the Company ("OrdinaryShares") at a price of 42.25p per share. Following this acquisition Noam Lanir is interested in 97,116,837 OrdinaryShares, representing approximately 33.1 per cent. of the issued share capital ofthe Company. Mr Lanir is interested in these shares by virtue of the fact thathe owns directly or indirectly all of the issued share capital of GrovertonManagement Limited, which has made the acquisition of Ordinary Shares. As provided for in the Company's articles of association, the independentdirectors of the Company have consented to this acquisition and GrovertonManagement Limited is not therefore required to make an offer to allshareholders on matching terms. Enquiries: Andrew Burns, CFO +357 25 84 77 00 This information is provided by RNS The company news service from the London Stock Exchange