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Mincon Group Plc (MCON)

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Friday 10 June, 2016

Mincon Group Plc

Holding(s) in Company

RNS Number : 9099A
Mincon Group Plc
10 June 2016
 

 

 

 

MINCON GROUP PLC

("Mincon" or the "Company")

 

Holding in Company

 

Mincon has been advised today that Non-Executive Director, Mr. Kevin Barry has sold 15,000,000 ordinary shares of nominal value €0.01 each ("Ordinary Shares") in the Company. The shares were sold through Davy by way of a block trade on 9 and 10 June, 2016 at a price of €0.70 per Ordinary Share. The shares were sold to a combination of new and existing institutional investors and certain senior management in Mincon.

Following this transaction, Ballybell Limited (through which Mr. Barry holds his shares in Mincon) remains interested in 14,917,800 Ordinary Shares representing 7.09% of the issued share capital of the Company.

 

10 June, 2016

 

For further information, please contact:

 

Mincon Group plc


Joseph Purcell, Chief Executive Officer

Tel: + 353 (61) 361 099



Davy Corporate Finance (Nominated Adviser and ESM Adviser)

Tel: +353 (1) 679 6363

Eugenée Mulhern


Daragh O'Reilly


 


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