Liberty PLC
25 July 2007
Liberty plc
Holding in Company
Liberty plc (the 'Company') announces that it received notification on 24 July
2007 from Principle Capital Holdings S.A. ('PCH') and Principle Capital Fund
Managers Limited in respect of Principle Capital Investment Trust plc ('PCIT')
and Principle Capital, L.P. ('PCLP') that PCIT, a company admitted to trading on
the main market of the London Stock Exchange, and PCLP entered into a contract
on 25 June 2007 to purchase the entire holding of 1,270,475 ordinary shares in
the Company previously held by PCH. This transaction completed yesterday. These
shares, representing approximately 5.62 per cent. of the issued share capital of
the Company, will be held in the following numbers: PCIT 1,116,250 and PCLP
154,225 ordinary shares in the Company. Prior to the sale by PCH, PCIT held
423,066 ordinary shares in the Company, representing approximately 1.87% of the
issued share capital of the Company. Following the purchase of a total of
1,270,476 ordinary shares in the Company, PCIT will own 1,593,316 and PCLP
154.225 ordinary shares in the Company.
The Notification also contained the following statement:
'Although the dealing by Principle Capital Holdings SA. ('PCH') does not
constitute a dealing by Brian Myerson, a director of Liberty plc, pursuant to
the AIM Rules, Mr Myerson, in the interests of transparency, wishes to disclose
the fact that he is a director of both PCH and PCIT and that he is a possible
beneficiary of a discretionary trust which has a beneficial interest in 30.6% of
PCH'.
Contact:
Richard Balfour-Lynn, Chairman, Liberty. Tel: 020 7706 2121
Baron Phillips, Baron Phillips Associates. Tel: 020 7920 3161
Nicola Marrin, Seymour Pierce. Tel: 020 7107 8000
This information is provided by RNS
The company news service from the London Stock Exchange
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