Inspace Plc
23 October 2006
Inspace plc ('Inspace' or 'the Company')
Holding in Company
Further to the announcement on the 1 September 2006, Inspace plc (AIM: INSP),
one of the UK's leading specialist service providers to the social housing
market, was informed on 18 October 2006 that Willmott Dixon Limited has
distributed in specie 9,550,334 ordinary shares of 2p each in the Company
('Ordinary Shares') as well as the distribution of a further 123,687 Ordinary
Shares through a share scheme to the shareholders of Willmott Dixon Limited.
This exercise was completed on the 16 October 2006. Willmott Dixon Limited now
holds 8,342,109 Ordinary Shares representing approximately 10.3 per cent. of the
issued share capital of the Company.
Following the distribution by Willmott Dixon Limited, the Company has been
informed by the following shareholders of their interest in the issued share
capital of Inspace:
Distribution Number of ordinary % of issued share
shares shares now held capital
Mr SIG Dixon 400,884 3,135,400 3.87
Lady VD Dixon 1,401,799 5,330,665 6.58
Mr CS Durkin
(Director) 77,837 500,000 0.62
Mr C Enticknap 251,959 4,655,328 5.75
(Director)
Mr & Mrs R Moulton 654,986 2,490,738 3.07
Mr PW Willmott 984,932 4,387,409 5.42
Mr RJ Willmott 1,468,886 7,395,625 9.13
The shareholders of Willmott Dixon Limited are subject to the same lock-in
provisions for two years on the Ordinary Shares distributed by Willmott Dixon
Limited to them as entered into by Willmott Dixon Limited on the acquisition of
Widacre Limited.
This information is provided by RNS
The company news service from the London Stock Exchange
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