Disposal
November 24 2003 - 2:00AM
UK Regulatory
RNS Number:3910S
Celsis International PLC
24 November 2003
CELSIS INTERNATIONAL PLC
Disposal of Shares
Celsis International plc ("Celsis" or "the Company") advises that on 21 November
a Director of the Company, Professor Sir Christopher Evans OBE, sold 5,300,000
ordinary shares at 31p per share by way of a Placing by the Company's broker,
Seymour Pierce Limited, to meet ongoing institutional demand for Celsis' shares.
Sir Christopher was a founding shareholder of Celsis and is a renowned venture
capitalist in the UK Life Sciences industry most recently through his fund
Merlin Ventures, and this is the first time he has sold shares. Sir Christopher
will retain a significant stake in the Company of 6,595,250 shares, which is
approximately 5.9% of the issued share capital. Sir Christopher has confirmed
his ongoing confidence in Celsis and its management and remains a Non-Executive
on the Board.
24 November 2003
Enquiries:
Seymour Pierce Limited Tel: 020 7107 8000
Jonathan Wright
College Hill Tel: 020 7457 2020
Nicholas Nelson/ Corinna Dorward
For more information on Celsis International plc go to www.celsis.com
This information is provided by RNS
The company news service from the London Stock Exchange
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