Holding(s) in Company

31 Jul 2009 17:10

31 July 2009

CORAC GROUP PLC (the "Company")

Holdings in the Company

The Company (AIM: CRA) was informed that, as at 30 July 2009, Barclays PLC now holds an interest and voting rights in 6,524,454 ordinary shares of nominal value 10p each in the Company, representing approximately 6.93% of the Company's issued share capital.

For further information please contact: 

Corac Group plc (tel: 01895 813463)

Professor Gerry Musgrave, Executive Chairman

Philip Newell, Finance Director

FinnCap (tel:020 7600 1658)

Geoff Nash, Corporate Finance

Marc Young, Corporate Finance

Brian Patient, Sales

NOTES TO EDITORS

Corac is an engineering and technology company developing and patenting innovative solutions utilising its compact, high power compressors based on its unique expertise and technology including oil free air bearings, high speed motors and power electronics.

Corac's pre-production, energy efficient compressors are supercharging existing industrial air compressors used in the food and beverage industry. Corac is also part of a joint industry programme with major gas operators to deploy Corac's technology in waning natural gas wells to increase the amount and rate of gas extraction.

Further information on Corac is available on the internet at www.corac.co.uk