10 Feb 2012 12:41
India Hospitality Corp.
10 February 2012
Directors' shareholdings
India Hospitality Corp. ("IHC" or the "Company") was notified on 24 January 2012 that on 24 January 2012 Mr Jason Ader, Mr Ravi Deol and Mr Sandeep Vyas, directors of the Company purchased, in aggregate, 919,586 $0.001 ordinary shares representing 2.7% of the total issue and paid up share capital of the Company at $0.09 per share.
Registered Holder | No. of shares purchased | Purchase price ($) | Percentage of issued and paid up total share capital | Resultant holding | Percentage of issued and paid up total share capital |
Jason Ader | 459,793 | 0.09 | 1.36% | 9,737,647* | 28.88% |
Ravi Deol | 308,061 | 0.09 | 0.91% | 6,117,560* | 18.14% |
Sandeep Vyas | 151,732 | 0.09 | 0.45% | 3,054,326* | 9.06% |
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*includes shares owned by family
For Further Information Contact:
India Hospitality Corp.
Rajesh Mittal
+91 124 497 6803
rmittal@ihcor.com
www.indiahospitalitycorp.com
Nominated Adviser: Grant Thornton Corporate Finance
Colin Aaronson, Salmaan Khawaja +44 20 7383 5100
Broker: Execution Noble & Company Ltd.
James Bromhead
+44 20 7456 9191
Media Contact: Mutual Public Relations Ltd.
Harsh Wardhan
+91 11 4362 0700
About India Hospitality Corp.
The Company is present in hotel & restaurant segments, through its India-based subsidiary Wah Restaurants Private Limited (formerly Mars Restaurants Private Limited) ("Wah Restaurants").Wah Restaurants operates 58 patisseries under the "Birdy's" brand and a hotel in India.
Inspiration Hlt (IHC)