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Director/PDMR Shareholding

18 Apr 2012 07:00

RNS Number : 5440B
Ipso Ventures PLC
18 April 2012
 



18 April 2012

 

IPSO Ventures plc

("IPSO" or the "Company")

 

Director's dealing

 

The Board of IPSO announces that it was informed yesterday that The Invention Company Limited ("The Invention Company") sold on 17 April 2012, in an off-market transaction, 400,000 ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") at a price of 2.875 pence per Ordinary Share. The Invention Company is wholly owned by Craig Rochford (Executive Chairman of IPSO). The shares are being sold to enable The Invention Company to meet certain of its tax liabilities.

 

Following the sale of shares The Invention Company holds 633,043 Ordinary Shares in IPSO representing 1.6% of the issued share capital of the Company.

 

Following the sale of shares the beneficial interest of Craig Rochford is, in aggregate, 2,558,043 Ordinary Shares representing 6.5% of the issued share capital of the Company.

 

 

 

For further information, please contact:

 

IPSO Ventures plc

Craig Rochford, Chairman

Nick Rodgers, Chief Executive Officer

 

Tel: 020 7921 2990

craig@ipsoventures.com

nick@ipsoventures.com

www.ipsoventures.com

 

Allenby Capital Limited

(nominated adviser and broker)

Nick Athanas

Mark Connelly

Tel: 020 3328 5656

 

 

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