Acquisition
December 02 2005 - 2:01AM
UK Regulatory
RNS Number:0279V
Addworth PLC
02 December 2005
2nd December 2005
Addworth Plc
2nd December 2005
Addworth Plc
Addworth increases stake in Intandem Films Plc
Addworth Plc, the AIM 'active capital' investor, has today announced that it has
added another 348,000 shares to its stake and now holds a total of 2,848,000
shares in Intandem Films Plc.
Following the purchase at 3.125p per share the Addworth Plc holding now
represents 3.34% of the Intandem Films Plc equity.
For further information
Addworth Plc 020 7638 8750
Mark Watson-Mitchell, Executive Chairman www.addworth.co.uk
Notes to Editors
Addworth (ADW), which gained admission to AIM on 3rd February 2005, was formed
primarily to act as an 'active capital investor'. The focus is upon the growth
of capital value and the generation of fee income from: establishing and funding
newly quoted sector focused companies; acquiring and developing companies with
growth potential; and taking minority equity positions in undervalued smaller
listed companies.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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