Directors' Dealings
May 12 2009 - 11:26AM
UK Regulatory
TIDMLIV
RNS Number : 1366S
Livermore Investments Group Limited
12 May 2009
Livermore Investments Group Limited
("Livermore" or "the Company")
Directors' Dealings
On 12 May 2009, the Company received notification from Groverton Management
Limited ("Groverton Management"), a company which is wholly owned by Noam Lanir,
Chief Executive Officer of Livermore, that It has provided to its bankers in
Switzerland a schedule of publicly quoted assets which may be used as collateral
against loans granted to Groverton Management. This schedule includes
154,412,173 shares in the Company, representing 52.92 per cent. of the voting
share capital.
The value of these assets is significantly in excess of the amount of the loan
facility.
Also on 12 May 2009, the Company received notification from RB Investments
GMBH, a company which is wholly owned by Ron Baron, Chief Investment Officer of
Livermore, that it has provided to its bankers in Switzerland a schedule of
publicly quoted assets which may be used as collateral against loans granted to
RB Investments GMBH. This schedule includes up to 13,915,419 shares in the
Company, representing 4.77 per cent. of the voting share capital.
The value of these assets is significantly in excess of the amount of the loan
facility.
Enquiries:
Livermore Investments Group Limited
Doron Yassur
+972 542 555900
Matrix Corporate Capital LLP
Stephen Mischler / Tim Graham
+44 20 3206
7000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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