West 175 Media Group Inc
31 August 2001
31st August 2001
West 175 Media Group, Inc: Holding in Company
West 175 Media Group, Inc. ('West 175' or 'the Company'), the international
multimedia group listed on AIM, has been informed by John Gunn, the
entrepreneur and venture capitalist, that on 30th August 2001, he purchased a
further 1,345,000 ordinary shares in the Company. His personal beneficial
interest following this purchase and that announced on 29th August 2001 has
been increased to 2,356,471 ordinary shares.
This latest purchase by Mr Gunn takes his personal holding in West 175 to
10.9% of the total ordinary shares in issue of West 175.
Trusts of which he is a family trustee, continue to hold an additional
1,204,255 ordinary shares in West 175.
Commenting on these purchases in West 175, Mr Gunn said:
'I've always believed West has first class assets and to see them at the price
that they are at the moment was a bargain not to be missed.'
West 175 shares in issue total 21,588,087.
For Further Information:
John McEwen, Chairman, West 175 Media Group Inc. 020 7851 9478
07901 556 766
Peter Binns, Caroline Anderson Binns & Co PR Ltd 020 7786 9600