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21 Dec 2010 16:30
Armour Group plc (the "Company")
Holding in Company
The Company was notified today that Hawk Investment Holdings Limited ("Hawk") acquired 13,115,152 ordinary shares of 10p each ("Ordinary Shares") from Southwind Limited at a price of 6.5p per Ordinary Share.
This transaction is a consequence of the Morton family re-arranging their combined family interests. Hawk is an investment company owned by Bob Morton, Chairman of the Company, and his wife. Southwind Limited is a trust for the benefit of one of Bob Morton's adult children.
Southwind Limited and Hawk entered into binding commitments in respect this transaction on 1 December 2010 and signed the appropriate stock transfer forms. This paperwork was delayed in the postal system and the transaction was completed on 21 December. The Company was notified today.
Following this transaction, Bob Morton is beneficially interested in 14,225,152 Ordinary Shares, representing 20.8% of the issued share capital of the Company. There has been no change in the aggregate holdings of the Morton family and related trusts.
John Harris Armour Group PLC 01892 502700
Group Finance Director
Geoff Nash/Ed Frisby FinnCap 020 7600 1658
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