Spinnaker Opportunities PLC Director Dealing (7196F)
May 19 2017 - 9:42AM
UK Regulatory
TIDMSOP
RNS Number : 7196F
Spinnaker Opportunities PLC
19 May 2017
Spinnaker Opportunities Plc
Director Dealing
19 May 2017
Spinnaker Opportunities Plc (the "Company" or "Spinnaker") the
newly listed cash shell focused on delivering a single, material
acquisition in the energy or industrial sectors confirms that on
the day of Admission, 17 May 2017, Andy Morrison, Chairman,
transferred 1,200,080 shares in the Company to his self-invested
personal pension ("SIPP") at a price of 5p per share. Mr Morrison's
total holding remains unchanged at 4,600,080 shares representing
approximately 17.7% of the issued share capital of the Company.
Following the transfer, he holds 3,600,080 shares in his SIPP and
the balance in his ISA.
Mr Morrison and his board colleagues invested a total of
GBP310,000 in the recent initial public offering in the Company and
will not take salaries prior to an acquisition. Their interests
therefore are fully aligned with other investors.
ENQUIRIES
Spinnaker Opportunities Plc
Andy Morrison
07980 878561
SP Angel (Financial Adviser and Broker)
Lindsay Mair
Caroline Rowe
020 3470 0470
This information is provided by RNS
The company news service from the London Stock Exchange
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