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IPS - IPSA Group Plc - Notifiable Interest

Release Date: 24/03/2011 11:00
Code(s): IPS
Wrap Text

IPS - IPSA Group Plc - Notifiable Interest 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") Notifiable Interest Further to the Company`s announcement on 25 February 2011, in connection with IPSA`s placing to raise GBP1 million, IPSA announces that it received formal notification on 23 March 2011 that Sterling Trust Limited acquired 10 million ordinary shares of 2p each in the Company ("Ordinary Shares") on 3rd March 2011. As a result, Sterling Trust Limited holds an interest in 31,694,105 Ordinary Shares, representing 29.48% of the issued share capital of the Company. London 24 March 2011 For further information contact: Peter Earl, CEO, IPSA Group PLC +44 (0)20 7793 5615 John Llewellyn-Lloyd / Harry Stockdale, Execution Noble & Company Ltd +44 (0)20 7456 9191 Riaan van Heerden, PSG Capital (Pty) Ltd +27 (0)21 887 9602 Date: 24/03/2011 11:00:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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