1 Apr 2009 14:16
| 1 April 2009 |
CORAC GROUP PLC (the "Company")
Holdings in the Company
The Company was informed that, as at 30 March 2009, Barclays PLC now holds an interest and voting rights in 5,809,297 ordinary shares of nominal value 10p each in the Company, representing approximately 6.17% of the Company's issued share capital.
For further information please contact:
| Professor Gerry Musgrave, Executive Chairman | |
| Philip Newell, Finance Director | |
| Corac Group plc | Tel: 01895 813463 |
| Ivonne Cantu/Camilla Hume - Corporate Finance | |
| Christian Hobart - Sales | |
| Cenkos Securities plc | Tel: 020 7397 8900 |
NOTES TO EDITORS
Corac is an intellectual property, engineering and licensing group which holds many patents. It focuses on high speed electrical direct drive turbo machinery based on its unique expertise in gas bearings. Corac has created an innovative 'no oil' turbo compressor together with a unique gas seal, and is part of a joint industry programme for the downhole gas extraction industry.
Further information on Corac is available on the internet at www.corac.co.uk