Sign In
4 Feb 2011 12:00
Noventa Limited
("Noventa" or the "Company")
Director's Dealing & Holdings in the Company
4 February 2011
Barons Financial Services Limited (a company in which Eric Kohn TD, the Company's Executive Chairman, has a beneficial interest) has today informed the Company that it has today sold 1,000,000 ordinary 0.04p shares ("Ordinary Shares") in the Company at a price of 12.8037p per share.
The Company was informed yesterday that Richmond Capital LLP has reduced its holding in the Company on 28 January 2011 by 2,600,000 Ordinary Shares.
The following table sets out details of Director's Shareholdings (as defined in the AIM Rules) of the Company following the above transactions.
Ordinary Shares Held | Percentage of Issued Ordinary Shares Held
| |
Kean Chung *** | 5,862,404 | 1.16% |
Eric Kohn TD * | 5,441,629 | 1.07% |
John Allan ** | 3,093,282 | 0.61% |
Pat Lawless | 680,950 | 0.13% |
Dr Joachim Martin | 414,610 | 0.08% |
Tim Griffiths | 349,302 | 0.07% |
Guy Coltman | 144,892 | 0.03% |
Leslie Heymann | 27,190 | 0.01% |
* These shares are held by Barons Financial Services Limited, a company in which Mr. Kohn has a beneficial interest.
** These shares are held by Ekasure Limited, a company in which Mr. Allan has a beneficial interest
*** 5,500,000 of these shares are held by a family trust of which Mr. Chung is a potential beneficiary
The following table sets out details of Significant Shareholders (as defined in the AIM Rules) of the Company, to the extent that the Company is aware, following the above transactions.
Ordinary Shares Held
| Percentage of Issued Ordinary Shares Held | |
Highland African Ventures Limited # | 79,373,079 | 15.65% |
Richmond Capital LLP | 39,556,000 | 7.80% |
Kaizan Capital LLC | 26,648,900 | 5.25% |
Panta Holdings BV | 21,367,911 | 4.21% |
Compagnie Internationale de Participations Bancaires et Financieres SA | 19,906,340 | 3.92% |
JMM Trading LP | 16,769,507 | 3.31% |
# Highland African Ventures Limited is owned by a trust whose trustee is Fleming Family & Partners Liechtenstein and Mr. R J Fleming is one of the potential beneficiaries. Fleming Family & Partners Liechtenstein has a total interest, including through Highland African Ventures Limited, in a total of 89,203,154 shares (17.59% of the issued shares). Mr. R J Fleming has an interest, including through Highland African Ventures Limited, in a total of 85,208,892 shares (16.80 % of the issued shares).
For further information please contact:
Eric F. Kohn TD
Chairman
Noventa Limited
+41 22 8500560
+41 79 5030150
www.noventa.net
Nick Harriss/Emily Staples
Religare Capital Markets (Nomad)
+44 20 7444 0800
Andrew Chubb/Kit Stephenson
Canaccord Genuity Limited (Joint Broker):+44 20 7050 6500
Daniel BriggsReligare Capital Markets (Joint Broker)+44 20 7444 0500
Follow the stocks
