ITE Group PLC
12 October 2000
ITE Group Plc ('ITE')
Share Disposals and Purchases
ITE announces that Investec Henderson Crosthwaite, a
division of Investec Bank (UK) Limited, has placed on
behalf of Miller Freeman Worldwide Plc 8,317,763 shares
representing 4.29% of ITE's existing issued share capital
to a number of instititutional investors and individuals
at 70p per share.
As part of this placing Alexander Rozin, an executive
director of ITE with responsibility for ITE's interests
in the Czech Republic and Slovakia, has purchased 2
million shares at a price of 70p per share.
Lawrie Lewis, ITE's Chairman said:
'Following the recent announcement of the proposed
investment by Veronis Suhler, I am delighted that the
shareholding of Miller Freeman has been placed and that
Alexander Rozin has demonstrated his commitment and
confidence in ITE by purchasing such a significant
shareholding.'
For further information, please contact:
ITE Group plc 020 7596 5000
Lawrie Lewis
Buchanan Communications 020 7466 5000
Richard Oldworth / Isabel Petre
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.