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Director's Shareholding

28 Oct 2015 14:21

RNS Number : 7535D
Plethora Solutions Holdings PLC
28 October 2015
 

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.

 

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