Vocalis Group PLC - Re Placing of Shares, etc
March 24 1998 - 3:00AM
UK Regulatory
RNS No 9062h
VOCALIS GROUP PLC
23rd March 1998
Vocalis Group plc (the "Company") announces that 5.76m shares
were placed with a number of new institutional investors on 17
March 1998 by Credit Lyonnais Laing, the Company's
stockbrokers.
Prelude Technology Fund II Limited Partnership and Providence
Investment Company, who have been shareholders since the
Company was founded in 1993, reduced their shareholdings
according to their investment programme. They remain
significant shareholders and informed the Company on 19th
March 1998 that their holdings and holdings under their
control were now 4,545,198 shares (14.04% of the issued share
capital) and 2,244,982 shares (6.94% of the issued share
capital) respectively.
Jeremy Peckham, who resigned as Chief Executive Officer in
September 1997, also sold shares in the placing and informed
the Company on 19th March 1998 that he no longer has a
notifiable interest in the Company. Similarly Guido Crolla
informed the Company on 19th March 1998 that he no longer has
a notifiable interest in the Company.
For further information:
Jane Crathern Vocalis Group plc Tel: 01223 846177
Finance Director
Jeremy Carey/Lulu Bridges Tavistock Communications Tel: 0171 600 2288
END
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