Further re share transaction
May 28 2003 - 5:10AM
UK Regulatory
RNS Number:6014L
Envesta PLC
28 May 2003
ENVESTA PLC
Further to the announcement made on 2nd May 2003, Envesta plc ("Envesta" or
"the Company") has been informed that the sale of 45,562,951 ordinary shares in
the Company to Argo Trust Limited (a company in which DreamFarm SA has an
interest) by Cater Barnard plc and Global Investments Limited has not been
completed. Cater Barnard plc and Global Investments Limited, both of which are
connected with Stephen Dean, Chairman of Envesta, have terminated the sale
contract. As a result, Mr Dean's beneficial interest in the Company's share
capital remains unchanged.
Discussions on operational aspects of the Company's strategic alliance with
Europa Telecomunicazioni S.p.A, are continuing between the respective
managements.
For further information please contact:
Kevin McGovern Rosie Brown/
Finance Director Melissa Hubbard
Envesta plc Tavistock Communications
Tel: 0870 767 7778 Tel: 020 7600 2288
Kevin.mcgovern@envestaplc.com rbrown@tavistock.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
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