Acorn Group PLC - Directors Shareholding
December 10 1997 - 12:22PM
UK Regulatory
RNS No 5341r
ACORN GROUP PLC
10th December 1997
LETTER TO: COMPANY ANNOUNCEMENTS OFFICE
Re: Notification of Interests of Director
Please note that I have today received notification from Providence Investment
Company Limited on behalf of Dr Hermann Hauser, a non-executive director of
Acorn Group plc, that Providence Investment Company Limited has sold 500,000
ordinary 10p shares in Acorn. The bargain date was 9 December 1997. The
bargain price was #1.35 with a total consideration of #675,000.
Provident Investment Company Limited is wholly owned by the Trustees of the
Providence Trust, a Jersey law discretionary trust which numbers Dr Hermann
Hauser amongst its potential beneficiaries.
The Trust now holds 2,722,785 shares representing 2.964% of the issued share
capital of Acorn.
From: Richard Conway (Company Secretary)
END
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