Holding(s) in Company

RNS Number : 9099A

Mincon Group Plc

10 June 2016

 

MINCON GROUP PLC

("Mincon" or the "Company")

Holding in Company

Mincon has been advised today that Non-Executive Director, Mr. Kevin Barry has sold 15,000,000 ordinary shares of nominal value €0.01 each ("Ordinary Shares") in the Company. The shares were sold through Davy by way of a block trade on 9 and 10 June, 2016 at a price of €0.70 per Ordinary Share. The shares were sold to a combination of new and existing institutional investors and certain senior management in Mincon.

Following this transaction, Ballybell Limited (through which Mr. Barry holds his shares in Mincon) remains interested in 14,917,800 Ordinary Shares representing 7.09% of the issued share capital of the Company.

10 June, 2016

For further information, please contact:

Mincon Group plc
Joseph Purcell, Chief Executive Officer	Tel: + 353 (61) 361 099
Davy Corporate Finance (Nominated Adviser and ESM Adviser)	Tel: [phone]
Eugenée Mulhern
Daragh O'Reilly

 

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