Secondary Placing

15 Dec 2005 11:50

Interactive Prospect TargetingHdgs15 December 2005 Interactive Prospect Targeting Holdings plc (the "Company") Secondary Placing Interactive Prospect Targeting Holdings plc, the UK's leading online directmarketing company, is pleased to announce that, following the expiration of the12 month lock-in period for directors, management, staff, and other investors inthe Company entered into as part of the flotation of the Company, CanaccordCapital (Europe) Ltd. has placed 2,000,000 ordinary 0.4p existing shares in theCompany with institutional and other investors at a price of 130p. Lionel Thain, Chief Executive Officer, sold 250,000 shares in the placingleaving his direct interest in the Company at 2,937,500 shares. Eoin Ryan, ChiefFinancial Officer, has sold 27,780 shares in the placing leaving his holding at155,314 shares. Commenting on the placing Lionel Thain said: "We are pleased with the continuedlevel of institutional support demonstrated by this placing that has beenconducted to ensure an orderly end of the lock-up period entered into at thetime of flotation. This has further increased the institutional holding in theCompany which, together with our continued strong trading performance, positionsthe Company well for the future." For further information please contact: Interactive Prospect Targeting Holdings plcLionel ThainChief Executive OfficerTel: 020 7932 4100 Canaccord Capital (Europe) LtdMark WilliamsTel: 020 7518 7343 This information is provided by RNS The company news service from the London Stock Exchange