Director Shareholding
July 22 2003 - 11:41AM
UK Regulatory
RNS Number:8349N
CamAxys Group PLC
22 July 2003
For Immediate Release 22 July 2003
CAMAXYS GROUP PLC ('CAMAXYS' OR THE "COMPANY")
DIRECTORS' SHARE PURCHASES
Derek Bonham, Chairman of the Company, and Andrew Arends, Chief Executive, have
today purchased in aggregate 184,703 ordinary shares of 5 pence each in the
Company ('Ordinary Shares') at a price of 28 pence per share, a premium to the
closing middle market price of CamAxys shares on 21 July 2003. Following this
purchase, Messrs. Bonham and Arends are each interested in 14.9 per cent. of the
issued share capital of the Company, as set out below.
The Company announced on 22 November 2002 that, following the issue by the
Company of any new Ordinary Shares pursuant to the terms of the acquisition
agreement entered into by the Company and certain of the sellers of CamAxys
Limited on 28 October 2002 ('Acquisition Agreement') ('Deferred Initial
Consideration Shares'), Derek Bonham and Andrew Arends had together committed to
purchase from Barbara Fielden and John Fielden an amount of Ordinary Shares
equal to 29.9 per cent. of the amount of any Deferred Initial Consideration
Shares issued by the Company.
On 14 July 2003 the Company agreed to issue 617,737 Deferred Initial
Consideration Shares pursuant to the terms of the Acquisition Agreement. These
Ordinary Shares have now been issued and accordingly, Derek Bonham has today
purchased 92,351 Ordinary Shares and Andrew Arends has today purchased 92,352
Ordinary Shares, each at a price of 28 pence per share.
Following these purchases, the interests of Derek Bonham and Andrew Arends are
as follows:
Ordinary Shares Percentage of issued
held share capital
Derek Bonham 1,062,186 14.9
Andrew Arends 1,062,187 14.9
Also, following the above purchases, Barbara Fielden and John Fielden are
beneficially interested in 745,627 Ordinary Shares representing 10.44 per cent.
of the issued share capital of the Company.
22 July 2003
Enquiries:
Andrew Arends, Camaxys Group PLC Tel. 07767 238 864
Jonathan Nelson / Simon Edwards, Shore Capital Tel. 020 7408 4090
This information is provided by RNS
The company news service from the London Stock Exchange
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