Holding in The Core Business

5 Jul 2006 10:11

Addworth PLC05 July 2006 5 July 2006 Addworth Plc Addworth increases stake in The Core Business plc Addworth Plc, the AIM quoted 'active capital' investor, has today announced thatfollowing the purchase of 400,000 shares last Monday, it now holds 9,203,200shares in The Core Business Plc, the personal care products and colour cosmeticsbrand development company. The holding represents 23.66% of the equity of The Core Business Plc, which lastweek announced a major licensing and option deal with The Ministry of Sound andHed Kandi, the world renowned music and lifestyle brands. For further information Addworth Plc 020 7638 8750Mark Watson-Mitchell, Executive Chairman www.addworth.co.uk Aquila Financial Limited www.aquila-financial.comYvonne Fraser 020 7202 2609Peter Reilly 020 7202 2601 Notes to Editors Addworth (LSE:ADW), is an 'active capital investor'. Its focus is upon thegrowth of capital value and the generation of fee income from: establishing andfunding newly quoted companies on both the AIM and OFEX markets; acquiring anddeveloping companies with growth potential; and taking minority equity positionsin undervalued smaller listed companies. The Core Business (LSE:CORE), floated on AIM on Wednesday 8th March 2006. Itgenerates capital growth through creating, developing, launching anddistributing personal care products and beauty brands from make-up and skincareto men's grooming and hair care. This information is provided by RNS The company news service from the London Stock Exchange