Director Shareholding
13 Mai 2003 - 9:30AM
UK Regulatory
RNS Number:0033L
Ambient PLC
13 May 2003
AMBIENT PLC
13 May 2003
Ambient plc
Directors' Shareholdings
The Board of Ambient plc (the "Company") was notified yesterday that the
chairman, Vincent Isaacs, has resigned as trustee from The Stimpson Trust (1998)
and The Stimpson Trust (2000) (the "Trusts") which hold 550,000 and 386,000
ordinary shares respectively. Following the change in trustees of the Trusts,
Andrew Stimpson remains beneficially interested in 550,000 and 386,000 ordinary
shares comprised within those Trusts.
In addition to the above, it was announced today that certain companies of which
Vincent Isaacs and Andrew Stimpson are shareholders and Peter Revell-Smith a
Non-Executive Director, have agreed to subscribe for new ordinary shares at a
price of 45 pence per share, as part of a placing of ordinary shares undertaken
by the Company.
As a result of these dealings, Vincent Isaacs, Andrew Stimpson and Peter
Revell-Smith have the following interests in the ordinary share capital of the
Company:
Vincent Isaacs Beneficial % Non-Beneficial % Total %
Previously announced 10,111,938 22.45 3,749,478 8.33 13,861,416 30.78
Retirement as trustee (936,000) (936,000)
Subscription 1,333,333 1,333,333
Current interest 10,111,938 19.83 4,146,811 8.13 14,258,749 27.96
Andrew Stimpson Beneficial % Non-Beneficial % Total %
Previously announced 1,341,435 2.98 - - 1,341,435 2.98
Subscription 1,444,444 1,444,444
Current interest 1,341,435 2.63 1,444,444 2.83 2,785,879 5.46
Peter Revell-Smith Beneficial % Non-Beneficial % Total %
Previously announced 100,000 0.22 101,609 0.23 201,609 0.45
Subscription 50,000 50,000
Current interest 150,000 0.29 101,609 0.20 251,609 0.49
This information is provided by RNS
The company news service from the London Stock Exchange
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