Directors' shareholdings

RNS Number : 1020V

India Hospitality Corp.

05 January 2012

 



India Hospitality Corp.

5 January 2012

Directors' shareholdings

India Hospitality Corp. ("IHC" or the "Company") was notified on 4 January 2012 that on 29 December 2011 Mr Jason Ader, Mr Ravi Deol and Mr Sandeep Vyas, directors of the Company purchased, in aggregate, 862,852 $0.001 ordinary shares representing 2.56% of the total issue and paid up share capital of the Company at $0.10 per share.

Registered Holder	No. of shares purchased	Purchase price ($)	Percentage of issued and paid up total share capital	Resultant holding	Percentage of issued and paid up total share capital
Jason Ader	431,426	0.10	1.28%	9,277,854*	27.52%
Ravi Deol	289,055	0.10	0.86%	5,809,499*	17.23%
Sandeep Vyas	142,371	0.10	0.42%	2,902,594	8.61%

*includes shares owned by family members

For Further Information Contact:

India Hospitality Corp.

Rajesh Mittal

[phone]

[e-mail]

www.indiahospitalitycorp.com

Nominated Adviser: Grant Thornton Corporate Finance

Colin Aaronson, Salmaan Khawaja [phone]

Broker: Execution Noble & Company Ltd.

James Bromhead

[phone]

Media Contact: Mutual Public Relations Ltd.

Harsh Wardhan

[phone]

About India Hospitality Corp.

The Company is present in hotel & restaurant segments, through its India-based subsidiary Wah Restaurants Private Limited (formerly Mars Restaurants Private Limited) ("Wah Restaurants").Wah Restaurants operates 58 patisseries under the "Birdy's" brand and a hotel in India.

 

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