Director/PDMR Shareholding (0514S)
November 14 2011 - 9:00AM
UK Regulatory
TIDMIPS
RNS Number : 0514S
Ipso Ventures PLC
14 November 2011
14 November 2011
IPSO Ventures plc
("IPSO" or the "Company")
Director's dealing
Holding in Company
The Board of IPSO announces that Craig Rochford, Chairman of
IPSO, sold 1,675,000 ordinary shares of 0.1 pence each in the
Company ("Ordinary Shares") on 11 November 2011 to Buckton Homes
Limited at a price of 1 pence per Ordinary Share in an off-market
transaction (the "Share Transaction").
Buckton Homes Limited, a company wholly owned by the adult
children of Fred Stirling, holds a total beneficial interest in
1,675,000 Ordinary Shares in the Company following the Share
Transaction, equivalent to 4.45% of IPSO's total issued share
capital.
In addition, the Company was notified today that, on 11 November
2011, Craig Rochford transferred 50,000 Ordinary Shares held by
Arka Technologies Limited, a company wholly owned by Craig
Rochford, into his personal name in an off-market transaction at a
price of 3.5 pence per Ordinary Share (the "Transfer").
Following the Share Transaction and the Transfer, Craig Rochford
holds a total beneficial interest in 2,405,000 Ordinary Shares in
the Company equivalent to 6.39 per cent. of IPSO's total issued
share capital. 480,000 of the Ordinary Shares are held by The
Invention Company Limited, a company wholly owned by Craig
Rochford.
For further information, please contact:
IPSO Ventures plc Tel: 020 7921 2990
Craig Rochford, Chairman craig@ipsoventures.com
Nick Rodgers, Chief Executive Officer nick@ipsoventures.com
www.ipsoventures.com
Allenby Capital Limited Tel: 020 3328 5656
(Nominated adviser and broker)
Nick Naylor
Nick Athanas
This information is provided by RNS
The company news service from the London Stock Exchange
END
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