Norcon PLC Holding in Company and Director Dealing (3205B)
16 June 2016 - 4:01PM
UK Regulatory
TIDMNCON
RNS Number : 3205B
Norcon PLC
16 June 2016
NORCON PLC
("Norcon" or the "Company")
Notification of Holding in Company
and Directors Dealing
Norcon (AIM: NCON), the global communications network
specialist, was notified on 15 June 2016 that on that date
Norconsult Telematics Holdings LTD. (a company controlled by Jørn
Longem, Non-Executive Director of the Company and a company that
Trond Tostrup, Executive Chairman of the Company, Arne Dag
Aanensen, Chief Financial Officer of the Company and Gaute Vik,
Executive Director of the Company are directors of), purchased
3,035,000 ordinary shares of 1 penny each in the capital of the
Company ("Ordinary Shares") at a price of 19 pence per Ordinary
Shares.
Following the above transaction, Norconsult Telematics Holdings
LTD., now holds a total of 33,330,511 Ordinary Shares, representing
67.61% of the Company's total voting rights.
Furthermore, the Company was notified on 14 June 2016 that
Kenneth West, Non-Executive Director, sold 72,222 Ordinary Shares
at 18.75 pence per Ordinary Share. Following this transaction,
Kenneth West no longer has a beneficial interest in the
Company.
For further information, please contact:
Norcon plc
Trond Tostrup, Executive Chairman +47 901 69 369
Arne Dag Aanensen, Chief Financial Officer +357 25736830
finnCap Ltd
Corporate Finance- Stuart Andrews/Emily Watts +44 (0) 20 7220 0500
ABOUT NORCON:
Established in 1957, Norcon (LSE/AIM: NCON) has been a trusted
consultant and project manager for more than half a century to
governments and some of the world's largest global firms. These
organisations rely on Norcon to select, implement and maintain a
communication infrastructure that not only matches, but also
supports the critical needs of their operations. Norcon's strength
lies in its understanding of complex communication networks and
their design.
www.norconplc.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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