Treasury Shares

7 Jul 2006 13:50

2 ergo Group plc07 July 2006 Immediate release 7 July 2006 2ergo Group plc ("the Company") The Company announces that on 5 July 2006, 350,000 ordinary shares of 1p eachwere transferred out of treasury. The Company now holds in treasury a total of 1,213,557 ordinary shares of 1peach and has in issue 28,638,896 ordinary shares of 1p each, excluding thosestill held in treasury. The Group was notified on 6 July 2006 that, following a purchase of shares, Mr. Nigel Wray now holds 465,000 ordinary shares in the Group in his personal capacity. Mr. Wray is a major shareholder of Syncbeam Ltd, which holds 1,685,530 ordinary shares in the Group. Mr Wray is also a trustee, but not a beneficiary, of The Priory Foundation which is the beneficial owner of 147,059 ordinary shares in the Group. Nigel Wray therefore has a notifiable interest in 2,297,589 shares in the Company representing approximately 8.02% of the Group's issued ordinary share capital. -ends- For further information, please contact: 2ergo Group 01706 221 777Jill Collighan, Finance Director Tavistock Communications 020 7920 3150Christian Taylor-Wilkinson Notes to editors: About 2ergo Group plc 2ergo Group Plc is a leading provider of interactive and multi-channelcommunications across mobile and fixed-line telecommunications and the Internet.Clients range from SMEs to multi-national enterprises and public sectororganisations. 2ergo's services and solutions enable organisations to exploit the benefits oftechnology, to switch on new revenue streams, optimise business processes andopen up new marketing channels. The Group listed on AIM in March 2004. This information is provided by RNS The company news service from the London Stock Exchange