28 Oct 2015 14:21
Plethora Solutions Holdings PLC
("Plethora" or the "Company")
Director Shareholding
Plethora Solutions Holdings PLC (AIM: PLE) was notified on 26 October 2015 that on 1st and 2nd April 2015 the administrator of ARBB AG ("ARBB"), a company that is in voluntary liquidation, autonomously disposed of 600,000 ordinary shares in aggregate in the Company at a price of 3.8 pence per share to meet its liquidation costs.
ARBB is 40.91 per cent. owned by Burnbrae Ltd which is 100% beneficially owned by Jim Mellon.
Following this disposal ARBB holds 1,600,000 shares in Plethora representing 0.19% of the Company. Jim Mellon's resultant holding, including those held through Regent Pacific Group Limited, is 243,758,261 ordinary shares representing 29.61% of the Company.
-Ends-
Plethora Solutions Jamie Gibson, CEO Mike Wyllie, CSO
| Tel : +44(0) 20 3077 5400 |
finnCap (Nomad & Broker) Geoff Nash/James Thompson Stephen Norcross | Tel : +44(0) 20 7220 0500 (Corporate Finance) (Corporate Broking) |
Citigate Dewe Rogerson David Dible Malcolm Robertson |
Tel: +44(0) 20 7282 2949 Tel: +44(0) 20 7282 2867 |
About Plethora
Plethora is headquartered in the UK and is listed on the London Stock Exchange (AIM: PLE LN). Further information is available at www.plethorasolutions.co.uk
Plethora is focused on commercializing PSD502™ for the treatment of premature ejaculation with strategic marketing partners and obtaining NDA approval for PSD502™ with the FDA.