i-documentsystems Group PLC
19 December 2002
i-documentsystems group plc ('the Company' or 'IDOX')
Director's Dealings
On 18 December 2002, the following share transactions were effected:
1) Mr Christopher Wright, a Director of the Company, purchased
222,222 ordinary shares in the company at a price of 11.25 pence per share
representing a holding of 0.16% of the entire issued share capital of IDOX.
This represents Mr Wright's entire personal shareholding in the Company.
2) Merifin Capital N.V., ('Merifin'), of which Mr Wright is a
Director, purchased 2,666,667 ordinary shares at a price of 11.25p. Merifin
previously held 3,854,166 ordinary shares in IDOX and its new holding of
6,520,833 represents a holding of 4.63% in the entire issued share capital of
IDOX.
3) The vendor of the shares referred to in both instances above was
Lombard Risk Management Group plc, ('LRM') of which John Wisbey, Chairman of
IDOX, and Mr Wright are directors. Consequently, LRM's shareholding has reduced
to 24,100,712 ordinary shares representing 17.11% of the entire issued share
capital of IDOX.
The ordinary shares referred to above are the ordinary shares of 1 pence each in
the Company. The Company was informed of the transactions on 19 December 2002.
19 December 2002
END
Contacts:
John Wisbey, Chairman 020 7353 5330
Tim Bowen, CFO 020 7427 0660
Alasdair Robinson, Noble and Company Limited 0131 225 9677
Note:
Merifin Capital N.V. is an active investor worldwide in private equity, real
estate and gold mining. Its principal location is in Brussels and has facilities
in Geneva and New York. Merifin's initial investment in i-documentsystems group
plc was made in September 2000.
This information is provided by RNS
The company news service from the London Stock Exchange
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