Clipper Ventures - Result of AGM
December 22 1999 - 2:42AM
UK Regulatory
RNS Number:9226C
Clipper Ventures PLC
22 December 1999
Result of AGM
Director's Dealing
At the Annual General Meeting of Clipper Ventures plc held yesterday, all the
resolutions were passed, including the conversion by William Ward, the Managing
Director, of 200,000 preference shares into 473,373 new ordinary shares at an
effective price 42.25p per ordinary share.
Mr Ward has decided to gift 10,000 ordinary shares to certain members of
Clipper's staff. Following the conversion and gift described above, Mr Ward is
interested in 200,000 preference shares and 5,240,848 ordinary shares
(representing 43.9% of the issued ordinary share capital of Clipper).
Enquiries
Buchanan Communications Limited 0171 466 5000
Stephen Liebmann
END
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