Last checked at 22 Jul 2010 16:36
22 July 2010
Volvere plc ('Volvere' or the 'Company')
Directors' Dealings/Notifiable Interests
The Company announces that it was advised on 22 July 2010 that on the same day the following directors acquired ordinary shares of £0.0000001 each in the Company ('Ordinary Shares') as set out below:
| Name of director | Number of Ordinary | Price per |
|
| Shares acquired | Ordinary Share |
| Jonathan Lander | 25,000 | 270p |
| Lord Kalms | 25,000 | 270p |
| Nick Lander | 25,000 | 270p |
| David Buchler | 25,000 | 270p |
The Company was also notified on 22 July 2010 that on the same day The Ashley Grandchildren's 2003 Settlement disposed of 100,000 Ordinary Shares at 270p per share. Neil Ashley is a Director of the Company and a Trustee of The Ashley Grandchildren's 2003 Settlement.
Following the above, the relevant directors' interests in the issued share capital of the Company including their interest in A Shares of £0.49999995 each in the Company ('A Shares') and in B Shares of £0.49999995 each in the Company ('B Shares') (neither of which is admitted to trading on AIM) are as follows:
| Name of Director |
| Per cent. |
|
|
|
| Number of | Holding of | Number of | Number of |
|
| Ordinary Shares | Ordinary Shares | A Shares | B Shares |
| Lord Kalms | 596,287 | 10.57% | 3,225 | 3,225 |
| Jonathan Lander | 575,037 | 10.20% | 18,235 | 18,235 |
| Neil Ashley* | 505,159 | 8.96% | 4,758 | 4,758 |
| Nick Lander | 316,287 | 5.61% | 14,494 | 14,494 |
| David Buchler | 129,893 | 2.30% | - | - |
* including Neil Ashley's interest as a Trustee of The Ashley Grandchildren's 2003 Settlement. As Trustee Neil Ashley holds 150,000 Ordinary Shares and 1,250 A Shares and 1,250 B Shares.
For further information:
Volvere plc
Jonathan Lander, Chief Executive Officer
020 7979 7596