Peel Hunt LLP Disposal and lock-up arrangement (5240D)
April 27 2017 - 3:59AM
UK Regulatory
TIDMHNT
RNS Number : 5240D
Peel Hunt LLP
27 April 2017
27 April 2017
Disposal and lock-up arrangement in respect of shares in
Huntsworth plc
('Huntsworth' or the 'Company')
BlueFocus International Limited ('BlueFocus') confirms that it
has today sold 45,913,000 ordinary shares in Huntsworth
representing 14.0% of the Company's issued share capital through
Peel Hunt LLP ('Peel Hunt'). BlueFocus has entered into a lock-up
arrangement with Peel Hunt for its remaining holding of 17,286,369
ordinary shares, representing 5.3% of the Company's issued share
capital. Under the lock-up arrangement, BlueFocus has undertaken,
subject to customary exceptions, not to dispose of its shares in
the Company for a period of 90 days from 27 April 2017 without the
consent of Peel Hunt.
Enquiries:
BlueFocus International Tel: +1 650 772 6800
Limited
He Shen
Peel Hunt LLP Tel: +44 (0) 20 7418 8900
Jock Maxwell Macdonald
Edward Knight
This information is provided by RNS
The company news service from the London Stock Exchange
END
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