Director Dealing

RNS Number : 0981H

Equest Investments Balkans Ltd

30 October 2008

 



Equest Investments Balkans Limited

Directors Shareholding

The Board of Equest Investments Balkans Limited (the 'Company') received notification on 30 October 2008 that:

(i)   on 29 October 2008, Petri Karjalainen and Kari Haataja, both executive directors of the Company, 
      purchased 100,000 and 60,000 ordinary shares respectively in the Company, at £2.00 per ordinary share; 

(ii)   on 30 October 2008, Mr. Karjalainen purchased 93,784 ordinary shares in the Company at £2.00 
      per ordinary share;

(iii)  Equest Capital Management Limited, which is a connected person of Mr. Karjalainen, Mr. Haataja and 
      Mr Georgi Krumov (who is also an executive director of the Company), transferred by way of a dividend on 
      17 June 2008 all its holding of 647,010 ordinary shares in the Company to trusts settled by 
      Mr. Karjalainen, Mr. Haataja and Mr. Krumov; and

(iv)  Equest Capital Limited, which is a connected person of Mr. Karjalainen, Mr. Haataja and Mr. Krumov, 
      transferred by way of a dividend on 17 June 2008 all its holding in 941,540 ordinary shares and in 564,925 
      warrants in the Company to trusts settled by Mr. Karjalainen, Mr. Haataja and Mr. Krumov.

The beneficial interest of Mr. Karjalainen following these transactions is 800,000 ordinary shares in the Company  (representing 4.38% of the issued share capital) and 188,309 warrants in the Company.

The beneficial interest of Mr. Haataja following this transaction is 597,969 ordinary shares in the Company  (representing 3.27% of the issued share capital) and 188,308 warrants in the Company.

The beneficial interest of Mr. Krumov following these transactions is 579,517 ordinary shares in the Company  (representing 3.17% of the issued share capital) and 188,308 warrants in the Company.

For further information please contact:

Equest Investments Balkans Limited

+ 44 20 7240 7600

Petri Karjalainen

Naomi Kora

Financial Dynamics

+ 44 20 7831 3113

Nick Henderson

David Cranmer 

Collins Stewart Europe Limited (Nomad)

+ 44 20 7523 8350

Hugh Field

KBC Peel Hunt Limited

+ 44 20 7418 8900

Capel Irwin

 

END

 

 

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