Braemar Group PLC
14 March 2007
Braemar Group plc ('Braemar or the Company')
Braemar Group plc announce that they have today acquired 23,500,000 ordinary
shares in Poly Information plc ('Poly Information') representing approximately
3.94 per cent. of the issued share capital of Poly Information under the terms
of an agreement dated 19 October 2006 for corporate finance services relating to
the issue of an admission document for Poly Information dated 8 March 2007.
Braemar Securities, a wholly owned subsidiary of Braemar acts as financial
advisor and provides incubation services to Poly Information.
Marc Duschenes is currently a non - executive director of Poly Information and
conditional on the passing of certain resolutions at an EGM of Poly Information
will become non-executive chairman. Martin Robinson is a non - executive
director of Poly Information.
Marc Duschenes currently owns 28,250,000 ordinary shares in Poly Information
representing approximately 4.74 per cent. of the issued share capital of Poly
Information.
Martin Robinson currently owns 8,750,000 ordinary shares in Poly Information
representing approximately 1.47 per cent. of the issued share capital of Poly
Information.
For further information please contact:-
Martin Robinson, Chairman, Braemar Group plc 0161 929 4969
Marc Duschenes, Managing Director, Braemar Group plc 0161 929 4969
Alex Clarkson, Zeus Capital 0161 831 1512
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
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