Placing of Shareholding
09 January 2004 - 6:00PM
UK Regulatory
RNS Number:0362U
XKO Group PLC
09 January 2004
FOR IMMEDIATE RELEASE 9 January 2004
XKO GROUP plc
XKO GROUP plc ("XKO" or "Company")
PLACING OF SHAREHOLDING
The Company is pleased to announce that 2,815,390 ordinary shares of XKO held by
Secondwind Limited, a company indirectly representing the non beneficial
interests of the vendors of a business acquired by XKO, have been sold.
The shareholding represented 10.2% of the existing ordinary share capital of
XKO. The shares were placed with institutional shareholders by Evolution Beeson
Gregory Limited.
Commenting on the share placing the Chief Executive, Simon Beart stated:
"It is much more appropriate that this shareholding should be held by
traditional institutional shareholders and we are pleased to welcome these new
shareholders to the Group."
Enquiries
Simon Beart Chief Executive 07710 444 370
Rob Collins Evolution Beeson Gregory 020 7071 4311
Richard Darby Buchanan Communications 020 7466 5000
This information is provided by RNS
The company news service from the London Stock Exchange
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