Holding(s) in Company

RNS Number : 7917H

FastForward Innovations Limited

02 December 2015

 

2 December 2015

FastForward Innovations Limited

("FastForward" or the "Company")

Holdings in Company

The Company provides the following update in respect of the holdings in the Company. Following the issue of shares on 2 December 2015, the number of ordinary shares of 1p each (the "Ordinary Shares") in issue in the Company increased to 52,684,919. 

As a result of the change in the number of shares in issue, the Company has been informed of the following changes.

Holding in Company

Investor (Beneficial owner in brackets)	Total number of Ordinary Shares	Percentage of the enlarged share capital
Regent Mercantile Holdings Ltd*	8,024,469	15.23%
Galloway Limited**	8,024,469	15.23%
Angstrom Capital Ltd (Michael Beck)	2,201,461	4.18%
Analogue Capital Ltd (Jeanne Usonis)	2,001,329	3.80%
First Island Trustees (Guernsey) Limited***	2,003,842	3.80%
Smoke Rise Holdings Limited (Ian Burns)	1,250,831	2.37%
Bryan Smith	687,832	1.31%

*Regent Mercantile is owned by a trust under which Stephen Dattels is a discretionary beneficiary.

**Galloway Limited is owned by a trust of which Mr James Mellon is a life tenant.

***Adam Horne is the Life Tenant of a Trust of which First Island Trustees (Guernsey) Limited are the trustees.

Further, on 2 December 2015, the Company was notified that The Photo Distribution Limited Retirement Benefits Scheme, as at that date, had a notifiable interest of 2,797,579 Ordinary Shares equating to 5.31% of the Company's current issued share capital following an acquisition of 625,000 Ordinary Shares.

In addition, the holding of Michael Reynolds has now dropped below 3% and is therefore no longer required to be disclosed.

-ends-

For further information please visit www.kualainnovations.com or contact:

FastForward Innovations Limited Tel: [phone] Elysium Fund Management Limited

Beaumont Cornish Limited (Nomad) Tel: [phone] James Biddle / Michael Cornish

Peterhouse Corporate Finance Limited (Broker) Tel: [phone] Guy Miller / Lucy Williams

 

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