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Director/PDMR Shareholding

13 Aug 2015 14:45

RNS Number : 0155W
Tungsten Corporation PLC
13 August 2015
 

TUNGSTEN CORPORATION PLC 

 

("Tungsten" or the "Company")

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA, JAPAN NOR ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

 

For Immediate Release

 

13 August 2015

 

Director's Shareholding

 

The Company has been informed that Nicholas Parker, Non-Executive Director, today purchased 28,750 ordinary shares at a price of 75.50p per share into his SIPP. Accordingly, Mr Parker now has a beneficial interest in 150,000 ordinary shares, representing 0.1% of the total voting rights of the Company.

 

Enquiries:

 

Tungsten Corporation plc

Richard Hurwitz, Chief Executive Officer

Juliana Wheeler, Head of Global Communications (Media)

 

+44 20 7280 7713

+44 20 7280 7973

Charles Stanley Securities

(Nominated Adviser and Joint Broker)

Dugald Carlean

 

 

+44 20 7149 6000

Canaccord Genuity Limited

(Joint Broker)

Simon Bridges/Emma Gabriel

 

 

+44 20 7523 8000

Neustria Partners (Investors and Analysts)

Robert Bailhache/Nick Henderson/Charles Gorman

 

+44 20 3021 2580

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.

 

Contact: Juliana Wheeler, Head of Global Communications, +44 20 7280 7973.

juliana.wheeler@tungsten-network.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
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