| Tue 22 Jun 2010, 10:31 | | IPS - IPSA GROUP PLC - Substantial shareholding |
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IPS
IPSA
IPS - IPSA GROUP PLC - Substantial shareholding
IPSA GROUP PLC
(Incorporated and registered in England and Wales)
(Registration Number 5496202)
AIM Share Code IPSA ISIN GB00BOCJ3F01
JSE Share Code IPS ISIN GB00BOCJ3F01
("IPSA" or "the company")
Substantial Shareholding
IPSA Group PLC (AIM: IPSA), the developer, owner and operator of power
generation capacity in Southern Africa, announces that, on 17 June 2010,
Sterling Trust Limited ("Sterling Trust") acquired 5,010,000 ordinary shares of
the Company ("Ordinary Shares") in an off-market transaction at 12p per Ordinary
Share, equating to 5.27% of the issued share capital.
Taken together with its acquisition of 6,125,000 Ordinary Shares announced on 17
June 2010, Sterling Trust now owns 11,135,000 Ordinary Shares, equating to
11.72% of the issued share capital of the Company.
For further information contact:
Peter Earl, CEO, +44 (0)20 7793 5615
IPSA Group PLC
John Llewellyn-Lloyd / Harry +44 (0)20 7456 9191
Stockdale,
Execution Noble & Company Ltd
Riaan van Heerden, +27 21 887 9602
PSG Capital (Pty) Ltd
22 June 2010
Date: 22/06/2010 10:31:26 Produced by the JSE SENS Department.
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