Holdings in Company

12 Aug 2005 16:12

Fairplace Consulting PLC12 August 2005 Fairplace Consulting plc ("Fairplace" or "the Company") Holdings in Company Fairplace was notified on 11 August 2005 that on 10 August 2005 Mr. Neil Lewisand Mr. Jim Horsted sold an aggregate of 195,944 ordinary shares in the Company,further details of which are set out below: Shares sold Price per share Resultant holding Resultant %Neil Lewis 97,972 35p 96,472 1.75%Jim Horsted 97,972 35p 99,472 1.81% Separately, the Company received notification on 11 August 2005 that QuantumConsulting Group plc ("QCG") now holds 195,944 ordinary shares, representing3.56% of the ordinary issued share capital of the Company. Jim Horsted and Neil Lewis were formerly directors of Fairplace. On 1 July theCompany sold its distance-based division to Working Transitions 2005 Limited, acompany of which Jim Horsted and Neil Lewis are directors and shareholders. Fairplace has enjoyed a close working relationship with QCG, which is a supplierto the Company, for a number of years. The Company is delighted to see thisinvestment and views it as an encouraging sign, reflecting the Company'soptimism for the future. For further information contact: Michael Moran, Chief Executive OfficerFairplace Consulting plc 020 7816 0707 This information is provided by RNS The company news service from the London Stock Exchange