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Substantial Shareholding

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Press Releases

Published: Tuesday, 22 June 2010 17:25

22 June 2010

 

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,

IPSA Group PLC

 

+44 (0)20 7793 5615

 

John Llewellyn-Lloyd / Harry Stockdale,

Execution Noble & Company Ltd

+44 (0)20 7456 9191

 

 

Riaan van Heerden

PSG Capital (Pty.) Ltd

+27 (0) 21 887 9602

 

 

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