Port Erin Biopharma Investments Ltd Holding(s) in Company (4991S)

TIDMPEBI

RNS Number : 4991S

Port Erin Biopharma Investments Ltd

18 March 2016

Port Erin Biopharma Investments Limited

(the "Company")

The Company has been informed today that the 2,715,614 Ordinary Shares held by Shellbay Investments Limited have been transferred to Galloway Limited. As a result, Galloway Limited is now interested in 5,455,313 Ordinary Shares, representing 23.5% of Company's issued capital.

Both Shellbay Investments Limited and Galloway Limited are indirectly owned by Jim Mellon, the Company's Chairman.

For further information, please contact:

 
Port Erin Biopharma   Beaumont Cornish   Peterhouse Capital 
 Investments Limited       Limited             Limited 
--------------------  ----------------  --------------------- 
    The Company            Nomad               Broker 
--------------------  ----------------  --------------------- 
     Denham Eke       Roland Cornish/       Lucy Williams 
 +44 (0) 1624 639396    James Biddle     +44 (0) 207 469 0936 
                       +44 (0) 207 628 
                            3396 
--------------------  ----------------  ---------------------

END

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 18, 2016 03:00 ET (07:00 GMT)

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