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6 Jan 2012 07:00
India Hospitality Corp.
5 January 2012
Directors' shareholdings
India Hospitality Corp. ("IHC" or the "Company") was notified on 4 January 2012 that on 29 December 2011 Mr Jason Ader, Mr Ravi Deol and Mr Sandeep Vyas, directors of the Company purchased, in aggregate, 862,852 $0.001 ordinary shares representing 2.56% of the total issue and paid up share capital of the Company at $0.10 per share.
Registered Holder | No. of shares purchased | Purchase price ($) | Percentage of issued and paid up total share capital | Resultant holding | Percentage of issued and paid up total share capital |
Jason Ader | 431,426 | 0.10 | 1.28% | 9,277,854* | 27.52% |
Ravi Deol | 289,055 | 0.10 | 0.86% | 5,809,499* | 17.23% |
Sandeep Vyas | 142,371 | 0.10 | 0.42% | 2,902,594 | 8.61% |
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*includes shares owned by family members
For Further Information Contact:
India Hospitality Corp.
Rajesh Mittal
+91 124 497 6803
rmittal@ihcor.com
www.indiahospitalitycorp.com
Nominated Adviser: Grant Thornton Corporate Finance
Colin Aaronson, Salmaan Khawaja +44 20 7383 5100
Broker: Execution Noble & Company Ltd.
James Bromhead
+44 20 7456 9191
Media Contact: Mutual Public Relations Ltd.
Harsh Wardhan
+91 11 4362 0700
About India Hospitality Corp.
The Company is present in hotel & restaurant segments, through its India-based subsidiary Wah Restaurants Private Limited (formerly Mars Restaurants Private Limited) ("Wah Restaurants").Wah Restaurants operates 58 patisseries under the "Birdy's" brand and a hotel in India.
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