Holding(s) in Company
August 19 2008 - 7:53AM
UK Regulatory
RNS Number : 6368B
Supercart PLC
19 August 2008
19 August 2008
Supercart plc
Holdings in Company
Supercart plc (the "Company") announced on 22 November 2007 that it had completed a placing of 8.0 million new ordinary shares to raise
�1.6 million.
The announcement stated that the placees included Mr Philip Richards, who had subscribed for 4.25 million new ordinary shares (the
"Subscription"), increasing his holding to 11.59 million shares (26.65% of the enlarged share capital). The Subscription was in fact made by
RAB Special Situations (Master) Fund Limited and not by Mr Richards.
Accordingly, Philip Richards direct holding in the Company was, and remains, 7,342,500 ordinary shares representing 16.88 per cent. of
the total voting rights of the Company. RAB Special Situations (Master) Fund Limited has a direct interest in 4,250,000 ordinary shares,
representing 9.78 per cent of the total voting rights of the Company. Mr Richards is a fund manager at RAB Capital plc and RAB Capital Plc
therefore has an indirect interest in 11,592,500 Ordinary Shares representing 26.65 per cent. of the total voting rights of the Company.
Enquiries:
Supercart plc 01732 459898
Mike Wolfe, Chief Executive
Stephen Wright, Finance Director
Charles Stanley Securities 020 7149 6000
Nominated Adviser & Broker
Russell Cook / Carl Holmes
This information is provided by RNS
The company news service from the London Stock Exchange
END
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