MXCP.L Regulatory News (MXCP)

5 Feb 2007 10:47

2 ergo Group plc05 February 2007 Immediate release: 5 February 2007 2ergo Group plc ("2ergo" or "the Group") Holdings in the Company Treasury shares 2ergo announces that on 2 February 2007, 1,540,829 Ordinary Shares of 1p each("Ordinary Shares") were transferred out of treasury to satisfy generalinstitutional investor demand and the exercise of employee share options. TheGroup has 29,852,453 Ordinary Shares in issue. Following this transaction thereare no Ordinary Shares held in treasury. Directors' Shareholding The Group was also notified on the 2 February 2007 of the following changes to Directors shareholdings: Barry Sharples and Neale Graham, both Directors of 2ergo, sold 1,431,500 and 1,411,500 Ordinary Shares respectively at a price of 285 pence per share. Following these transactions Mr Sharples and Mr Graham each have a beneficial interest in 5,671,833 Ordinary Shares. Both Mr Sharples and Mr Graham now have a19.0% interest in the issued share capital of the Group. Jill Collighan, Director of 2ergo, has exercised options over 82,525 OrdinaryShares at an exercise price of 48 pence per share. Following this transactionMrs Collighan's beneficial interest is 90,858 ordinary shares representing 0.3%of the Group's issued share capital. Other shareholdings The Group was advised that as at 2 February 2007, Syncbeam Ltd is the beneficialowner of 1,685,530 ordinary shares in the Group, representing approximately5.65% of the issued ordinary share capital. As the major shareholder of SyncbeamLtd, Mr. Nigel Wray has a beneficial interest in these Shares. Mr Wray also has a direct interest of 490,000 shares representing 1.64% of theissued ordinary share capital of the Group. He also has a beneficial interest inthe Company through Brendon Retirements Benefit Scheme which owns 170,000ordinary shares representing 0.57% of the issued ordinary share capital of theGroup. Nigel Wray is major shareholder of Brendon Street Investments Limitedwhose retirement scheme is the Brendon Retirements Benefit Scheme. At 2 February 2007, The Priory Foundation has a beneficial interest of 147,059ordinary shares in the Group, representing 0.49% of the issued ordinary sharecapital. The Priory Foundation is a charitable trust of which Nigel Wray is atrustee, but not a beneficiary. In total, Mr. Wray is interested in 2,492,589 ordinary shares (including theshares held by the Priory Foundation) representing 8.35% of the issued ordinaryshare capital of the Group. -ends- For further information, please contact: 2ergo Group 01706 221 777Jill Collighan, Finance Director Tavistock Communications 020 7920 3150Matt Ridsdale/Simon Compton This information is provided by RNS The company news service from the London Stock Exchange