Last checked at 25 Mar 2009 07:00
IPPlus Plc (the 'Company')
25 March 2009
Directors' Shareholding
The Company was notified yesterday that on 24 March 2009, William Catchpole, the Managing Director of the Company, purchased 50,000 ordinary 1p shares in the Company ('Ordinary Share') at a price of 6.5 pence each.
The Company also received notification yesterday that on 11 March 2009, William Catchpole transferred 100,000 Ordinary Shares at a price of 6 pence each into his SIPP held by Suffolk Life Annuities Limited.
As a consequence of these transactions William Catchpole is now interested in 1,486,145 shares, representing 4.99 per cent of the issued share capital of the Company.
The Company was also notified yesterday that on 24 March 2009, Geoffrey Forsyth, the Technical Director of the Company, purchased 70,916 Ordinary Shares at a price of 7 pence each.
The Company also received notification yesterday that on 11 March 2009, Geoffrey Forsyth transferred 35,000 Ordinary Shares at a price of 6 pence each into his SIPP held by Suffolk Life Annuities Limited.
As a consequence of these transactions Geoffrey Forsyth is now interested in 658,824 shares, representing 2.21 per cent of the issued share capital of the Company.
For further information, please contact:
IPPlus Plc - Finance Director (01473 321800)
Stuart Gordon
Brewin Dolphin, Nominated Adviser (0845 213 4748)
Mark Brady