Holding(s) in Company
August 16 2007 - 2:01AM
UK Regulatory
RNS Number:2004C
Glen Group PLC
16 August 2007
Glen Group plc (the "Company")
Holdings in Company
As part consideration for the acquisition of I G Software Limited, on 10 August
2007 each of the following acquired by allotment an interest in 75,356,571
ordinary shares in the Company, representing approximately 8.11% of the issued
share capital:
(a) Surit Patel;
(b) Namrata Patel;
(c) Jofi Alexander; and
(d) Rachel Alexander.
Notes:
(1) Of the 75,356,571 ordinary shares in which Mr Patel and Mrs Patel are
interested, 37,678,857 are registered in the name of Mr Patel and 37,677,714
are registered in the name of Mrs Patel.
(2) Of the 75,356,571 ordinary shares in which Mr Alexander and Mrs Alexander
are interested, 37,678,857 are registered in the name of Mr Alexander and
37,677,714 are registered in the name of Mrs Alexander.
ENDS
Enquiries:
Glen Group plc
Graham J Duncan, Chief Executive Tel: 0845 119 2100
Pelham PR
Alex Walters Tel: 0203 170 7435
Robert Koh Tel: 0203 170 7444
Seymour Pierce
Jonathan Wright Tel: 0207 107 8000
Notes:
Glen
Glen is a value added, solutions based provider of IT and communications
products and services. In the SME market it provides a wide range of integrated
services including IT consultancy and support, mobile solutions including voice
and data, customer relations management, telecommunications and hosted broadband
services. In the corporate, enterprise and public sector, the group is a niche
provider of business intelligence and related IT solutions.
The group has offices in Glasgow, Edinburgh, Rotherham and London.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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