Holding(s) in Company

RNS Number : 3819G

Rotala PLC

11 May 2011

 



Rotala plc

("Rotala" or the "Company")

Holding in Company

Rotala has been notified that on 10 May 2011 Ludgate 181 (Jersey) Limited ("Ludgate 181") sold £200,000 nominal of its holding of the 8% Convertible Unsecured Loan Notes ("CULS") in the Company.

Following these transactions, Ludgate 181 is interested in 1,730,221 ordinary shares representing 4.99% of the issued share capital of Rotala and £605,850 of the CULS, representing 15.0% of the outstanding CULS.

John Gunn, Chairman of Rotala, is a director of Ludgate 181 and is interested in 19.86 percent of the issued share capital of that company.  

John Gunn's beneficial holding in the ordinary shares of the Company (being the shares owned by Mr. Gunn, his wife, Wengen Limited and the Wengen Pension Plan) is 5,498,044 ordinary shares, representing 15.84 per cent. of the issued share capital and voting rights of the Company.

John Gunn's total interest in the ordinary shares of the Company (being his beneficial interest set out above, added to that of Ludgate 181 (Jersey) Limited and certain family trusts of which he is a trustee) is 9,191,171 ordinary shares, representing 26.48 per cent. of the issued share capital and voting rights of the Company.

For further information please contact:

Rotala plc
Simon Dunn, Chief Executive	07825 808 525
Kim Taylor, Group Finance Director	07825 808 529
Charles Stanley Securities	020 7149 6000
Nominated Adviser and Broker
Mark Taylor / Marc Milmo

 

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