17 Feb 2016 17:10
TUNGSTEN CORPORATION PLC
("Tungsten" or the "Company")
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17 February 2016
Director's Shareholding
The Company was informed on 17 February 2016 that on 16 February 2016, Nicholas Parker, Chairman, purchased 50,000 ordinary shares at a price of 65.27p per share into his SIPP. Accordingly, Mr Parker now has a total beneficial interest in 300,000 ordinary shares, representing 0.2% of the total voting rights of the Company.
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Enquiries: Â | Â |
Tungsten Corporation plc Cynthia Alers, Head of Investor Relations | +44 20 7280 7872 Â |
Panmure Gordon (Nominated Advisor) Fred Walsh/Dugald J. Carlean | +44 20 7886 2500 Â |
Canaccord Genuity Limited (Broker) Simon Bridges/Emma Gabriel/Cameron Duncan  | +44 20 7523 8000 |
Neustria Partners Robert Bailhache/Nick Henderson/Charles Gorman | +44 20 3021 2580 Â |
About Tungsten Corporation plcTungsten Corporation (LSE: TUNG) accelerates global trade by enabling customers to streamline invoice processing, improve cash-flow management and make better buying decisions from their detailed spend data.
 Buyer organisations that join Tungsten Network, the world's largest compliant electronic invoicing network, can reduce their invoice-processing costs by 60%. Suppliers benefit from efficiencies, greater visibility of their invoice status and peace of mind. Tungsten offers options for supply chain financing and helps buying organisations profit by applying real-time spend analytics to its vast repository of line-level invoice data.
Tungsten serves 56% of the Fortune 500 and 67% of the FTSE 100 by connecting the world's largest companies and government agencies to their thousands of suppliers around the globe. It enables suppliers to submit tax compliant e-Invoices in 47 countries, and last year processed transactions worth over $187bn for organisations such as Alliance Data, Aviva, Cargill, Deutsche Lufthansa, General Motors, GlaxoSmithKline, Henkel, IBM, Kellogg's, and the US Federal Government.
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