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Jellybook Limited (JELY)

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Wednesday 03 April, 2013

Jellybook Limited

Director dealing

RNS Number : 5124B
Jellybook Limited
03 April 2013
 



JELLYBOOK LIMITED

("Jellybook" or the "Company")

 

Directors' dealing

 

The Company announces that it has today received a notification that its Chairman, Jonathan Rowland, has sold 5,000,000 shares in the Company to Northland Capital Limited for nil consideration.

 

Following the conclusion of this transfer, Northland Capital Limited, which is deemed to be connected to Jonathan Rowland by virtue of the fact that he is a director of it as well as by virtue of the fact that Northland Capital Limited is wholly owned by The Rowland Purpose Trust 2001 (whose discretionary beneficiaries include Jonathan Rowland and other members of the Rowland family), holds 9,500,000 shares in Jellybook, representing 6.30% of the total voting rights in the Company.  By virtue of his connection with Northland Capital Limited, Jonathan Rowland's interest in Jellybook is unchanged and remains at 9,500,000 shares in Jellybook, representing 6.30% of its total voting rights (all of which are now held by Northland Capital Limited).

 

Jonathan Rowland has irrevocably undertaken to procure that Northland Capital Limited votes in favour of the proposed cancellation of trading of Jellybook's shares on AIM and the proposed Members' Voluntary Liquidation, further details of which are set out in the announcement on 15 March 2013.

 

For further information, contact:

 

Jellybook Limited                                                        Tel:   + 44 (0)1603 753675

Michael Wright, CEO                                                 

 

Allenby Capital Limited                                             Tel:   + 44 (0) 20 3328 5656

Alex Price, Nick Naylor

 

Maitland                                                                        Tel:   + 44 (0) 20 7379 5151

Neil Bennett, Daniel Yea

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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