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IPSA GROUP PLC - Notification re Sterling Trust Limited

Release Date: 20/10/2015 08:30
Code(s): IPS     PDF:  
Wrap Text
Notification re Sterling Trust Limited

IPSA GROUP PLC
(Incorporated and registered in England and Wales)
(Registration Number 5496202)
AIM Share Code IPSA   ISIN GB00BOCJ3F01
JSE Share Code IPS    ISIN GB00BOCJ3F01
("IPSA" or "the Company")

Notification re Sterling Trust Limited

IPSA, the AIM and Altx dual listed independent power
plant developer with operations in Southern Africa,
announces that Sterling Trust Limited, which holds
31,794,105 million shares in the capital of the Company
being 29.57 per cent of the issued share capital was
placed in administration yesterday. Christopher Benjamin
Barrett and John Allan Carpenter of Dow Schofield Watts
Business Recovery LLP have been appointed administrators
of Sterling Trust Limited.

For further information please contact:

Mark Otto, Acting CEO
                                 +44 (0) 7793 5615
IPSA Group PLC

James Joyce / Liam Gribben
                                 +44 (0)20 7220 1666
W H Ireland Ltd

Riaan van Heerden,
                                 +27 (0)21 887 9602
PSG Capital (Pty) Ltd

20 October2015

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