Holding(s) in Company
April 28 2004 - 10:35AM
UK Regulatory
RNS Number:1065Y
Griffin Group PLC
28 April 2004
FOR IMMEDIATE RELEASE 28 April 2004
GRIFFIN GROUP plc
("Griffin Group" or "the Company")
Directors' Shareholdings following the Placing
Significant Shareholding
Further to the sale by Minlay Limited ("Minlay") of 11,805,113 ordinary shares
of 5p each in the Company ("Ordinary Shares") announced on 26 April 2004 (the
"Placing"), Griffin was informed on 26 April 2004 that on that date Global
Investments Limited ("Global") acquired 4,000,000 Ordinary Shares for 5.75p
each. Global now holds 5,000,000 Ordinary Shares, representing approximately
12.66% of the Company's issued ordinary share capital. Global is the trustee of
a trust in which Stephen Dean, the Chairman of the Company, has a beneficial
interest.
Griffin was also informed on 26 April 2004 that on that date Adrian Stecyk,
Chief Executive of Griffin Group, purchased 405,113 Ordinary Shares for 5.75p
each. Adrian Stecyk, has a beneficial interest in the entire issued share
capital of First Financial Securities Limited ("First Financial"). Adrian Stecyk
and First Financial now hold in aggregate 9,362,349 Ordinary Shares,
representing approximately 23.71% of the Company's issued ordinary share
capital.
Griffin was also informed on 26 April 2004 that on that date Vincent Nicholls,
Finance Director of Griffin Group, purchased 400,000 Ordinary Shares for 5.75p
each. Vincent Nicholls total shareholding of 400,000 Ordinary Shares represents
approximately 1.01% of the Company's issued ordinary share capital.
Griffin was informed on 27 April 2004 that on 21 April 2004 First Equity
Nominees Limited ("First Equity") acquired 550,000 Ordinary Shares at 7p a
share, resulting in a holding of 4,284,000 Ordinary Shares, being 10.98% of the
Company's issued ordinary share capital.
Griffin was also informed on 27 April 2004 that on 26 April 2004 First Equity
disposed of their total holding of Ordinary Shares at 5.75p a share, resulting
in First Equity no longer having a holding in the Company's issued share
capital.
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
END
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