ECDC Eur.Conv.Dev

TIDMECDC

RNS Number : 3566Y

European Convergence Develop. CoPLC

23 January 2014

23 January 2014

EUROPEAN CONVERGENCE DEVELOPMENT COMPANY PLC

("ECDC" OR "THE COMPANY")

Significant Shareholding

The Company was notified on 21(st) January 2014, that, as at 10 January 2014, Sacisa Limited via HALB Nominees Limited purchased 7,441,320 of the Ordinary Shares in the Company at the price of EUR0.0535 per share and as a result now holds 8,941,320 Ordinary Shares in the Company (10%) and is therefore considered to be a significant shareholder in the Company for the purposes of the AIM Rules.

For further information please contact:

 
 European Convergence Development    +44 (0)1624 
  Company plc                         640200 
 Anderson Whamond 
 
                                     +44 (0)207 
 Charlemagne Capital                  518 2100 
 Varda Lotan 
 
                                     +44 (0)1624 
 Galileo Fund Services Limited        692600 
 Ian Dungate, Company Secretary 
 
                                     +44 (0)20 
 Panmure Gordon & Co. Limited         7886 2500 
 Hugh Morgan 
 Grishma Patel 
 
                                     +44 (0)20 
 Smithfield Consultants               7360 4900 
 Ged Brumby 
 Henry Wallers 
 

Website: www.europeanconvergencedevelopment.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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