10 Jun 2016 15:15
MINCON GROUP PLC
("Mincon" or the "Company")
Holding in Company
Mincon has been advised today that Non-Executive Director, Mr. Kevin Barry has sold 15,000,000 ordinary shares of nominal value €0.01 each ("Ordinary Shares") in the Company. The shares were sold through Davy by way of a block trade on 9 and 10 June, 2016 at a price of €0.70 per Ordinary Share. The shares were sold to a combination of new and existing institutional investors and certain senior management in Mincon.
Following this transaction, Ballybell Limited (through which Mr. Barry holds his shares in Mincon) remains interested in 14,917,800 Ordinary Shares representing 7.09% of the issued share capital of the Company.
10 June, 2016
For further information, please contact:
Mincon Group plc | |
Joseph Purcell, Chief Executive Officer | Tel: + 353 (61) 361 099 |
Davy Corporate Finance (Nominated Adviser and ESM Adviser) | Tel: +353 (1) 679 6363 |
Eugenée Mulhern | |
Daragh O'Reilly |
Mincon Grp (MCON)