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Terra Capital PLC (TCA)

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Friday 29 June, 2012

Terra Capital PLC

Disclosure of Director's Interests

RNS Number : 4868G
Terra Capital PLC
29 June 2012
 



Terra Capital plc

(the "Company")

Directors' Shareholdings

 

 

The Company announces that it has been notified that, with effect from the date of the completion of the transfer, expected to be completed in early July 2012, the 779,187 and 177,393 ordinary shares in the Company currently beneficially held by directors of the Company, Dirk Van den Broeck and Filip Montfort, respectively, through their indirect holdings in Worldwide Opportunity Fund (Cayman) Limited ("WWOF") will, following the in specie distribution of certain shares from that fund, be held by them more directly.   These shares represent 1.1% and 0.25% of the 70,229,236 ordinary shares currently outstanding.

As a result of this and other sales and distributions, the holding of shares in the Company by WWOF will be reduced to 5,435,555 shares, representing 7.74% of the ordinary shares currently outstanding.

Filip Montfort is a principal of Terra Partners Group, the investment manager to WWOF and is also a director of WWOF.

In addition, as a result of the in specie distribution of the Company's shares to Howard Golden and Yarden Mariuma, principals of the investment manager of the Company, as soon as those distributions are completed, expected in early July, Mr Mariuma will own 473,770 shares of the Company and Mr Golden will own 510,103 shares of the Company either directly or in a controlled entity and such holdings represent  0.67% and 0.73% respectively of the ordinary shares of the Company currently outstanding.

 

-     ENDS    -

 

Enquiries

 

For more information, please visit www.speymillmacau.com or contact:

 

 

Terra Partners Asset Management

(Manager)

Howard Golden

+ 9725 2601 7615

 

Galileo Fund Services Limited

(Administrator)

Ian Dungate

+44 1624 692600

 

Matrix Corporate Capital LLP                 

(Nominated Adviser/corporate broker)                              

Paul Fincham                                       

Jonathan Becher                                   

+44 20 3206 7000                                 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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