Directors' Dealings

RNS Number : 7927E

Volvere PLC

01 October 2008

 



Volvere plc ('Volvere' or the 'Company')

Directors' Dealings

The Company announces that it has received notification on 1 October 2008 from Lord Kalms of Edgware, Jonathan Lander, Nicholas Lander, Richard Kalms, Neil Ashley and David Buchler who are all directors of the Company that on that day they acquired in aggregate 464,000 Ordinary Shares of GBP0.0000001 each in the Company at an average price of GBP 0.7216 per Ordinary Share. Their respective purchases and resultant holdings are as follows:

Lord Kalms acquired 112,295 Ordinary Shares and now has an interest in 571,287 Ordinary Shares representing 10.1% of the issued Ordinary Share capital of the Company. In addition, Lord Kalms holds 2,630 A Shares of GBP 0.49999995 each and 2,630 B Shares of GBP0.49999995 each in the capital of the Company. Neither of these classes of share capital is traded on AIM.

Jonathan Lander acquired 112,295 Ordinary Shares and now has an interest in 550,037 Ordinary Shares representing 9.7% of the issued Ordinary Share capital of the Company. In addition, Jonathan Lander holds 14,500 A Shares of GBP 0.49999995 each and 14,500 B Shares of GBP0.49999995 each in the capital of the Company. Neither of these classes of share capital is traded on AIM.

Nicholas Lander acquired 112,295 Ordinary Shares and now has an interest in 291,287 Ordinary Shares representing 5.1% of the issued Ordinary Share capital of the Company. In addition, Nicholas Lander holds 10,758 A Shares of GBP 0.49999995 each and 10,758 B Shares of GBP0.49999995 each in the capital of the Company. Neither of these classes of share capital is traded on AIM.

Richard Kalms acquired 28,074 Ordinary Shares and now has an interest in 292,822 Ordinary Shares representing 5.1% of the issued Ordinary Share capital of the Company. In addition, Richard Kalms holds 6,987 A Shares of GBP 0.49999995 each and 6,987 B Shares of GBP0.49999995 each in the capital of the Company. Neither of these classes of share capital is traded on AIM.

Neil Ashley acquired 62,386 Ordinary Shares and now has an interest in 605,159 Ordinary Shares representing 10.7% of the issued Ordinary Share capital of the Company. In addition, Neil Ashley holds 3,880 A Shares of GBP 0.49999995 each and 3,880 B Shares of GBP0.49999995 each in the capital of the Company. Neither of these classes of share capital is traded on AIM. Neil Ashley is a trustee of the Ashley Grandchildren's 2003 Settlement whose holdings are included in the above.

David Buchler acquired 36,655 Ordinary Shares and now has an interest in 104,893 Ordinary Shares representing 1.8% of the issued Ordinary Share capital of the Company. In addition, David Buchler holds options over 31,000 Ordinary Shares at an exercise price of £1.875, exercisable until 31 December 2014.

For further information:

Volvere plc

Nick Lander, Chief Operating and Financial Officer

020 7979 7596

 

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