Holdings in company and Direc

RNS Number : 4963D

eXpansys Plc

02 December 2009

 



    2 December 2009

HOLDINGS IN COMPANY AND DIRECTORS' DEALINGS

eXpansys plc (the "Company") has been informed today, that on 1st December 2009 Virtual Phone Shop Limited ("VPS"), a subsidiary of Oval (2074) Limited ("Oval"), a company controlled by Peter Jones, transferred 35,634,201 shares to PDJ (Shelf 1) Limited, a company in which Peter Jones is a substantial shareholder and director. 

On the same date, VPS transferred 89,530,931 shares to Peter Jones.  

On the same date, VPS transferred 19,156,460 shares to Oval which subsequently transferred these shares, on joint ownership terms, to an Employee Benefit Trust ("EBT") for the benefit of employees within the Oval group. 

Following these transactions, VPS, Peter Jones, PDJ (Shelf 1) Limited and the EBT are the beneficial holders of shares in the Company as follows: 

	No. of shares held	% issued share capital held following transaction
VPS	0	0.00%
Peter Jones	89,530,931	50.25%
PDJ (Shelf 1) Limited	35,634,201	20.00%
EBT	19,156,460	10.75%

As a result of his interest in VPS and PDJ (Shelf 1) Limited, Peter Jones is interested in 125,165,132 shares in the Company, representing 70.25% of the Company's issued share capital.

The Company has also been informed that Stephen Vincent, a non-executive director of the Company, has acquired a beneficial interest in 6,250,000 shares held by the EBT for a nominal sum, representing 3.51% of the Company's issued share capital. 

…Ends…

For further information, please contact:

eXpansys plc	Tel: [phone]
Roger Butterworth, CEO	[e-mail]
Investor relations website	www.expansys.com/investor.aspx
Cenkos Securities plc	Tel: [phone]
Stephen Keys	[e-mail]
Rawlings Financial PR Limited	Tel: [phone]
Catriona Valentine	[e-mail]

 

END

 

 

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