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Director/PDMR Shareholding

Date : 11/14/2011 @ 9:00AM
Source : UK Regulatory (RNS & others)
Stock : Ipso Ventures (IPS)
Quote : 1.425  0.0 (0.00%) @ 12:00AM
Ipso Ventures share price Chart

Director/PDMR Shareholding

Ipso Ventures (LSE:IPS)
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5 Years : From Jul 2011 to Jul 2016

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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 
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



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