NFND Newfound

    RNS Number : 6245W
  Newfound N.V.
  13 June 2008
   

    Newfound N.V.
    (the "Company")

    Director's Dealing


    The Company announces that it has received notice that on 12 June 2008 Morgan Plc, an unquoted company which is deemed to be part of Mr.
Morgan's 'family' (as defined in the AIM Rules for Companies) has acquired ordinary shares of EUR0.01 ("Ordinary Shares") at a price of 6.5
pence per share. Following the transaction, Mr. Morgan's deemed beneficial holding of the Company's Ordinary Shares is as follows: 

 Name              Ordinary Shares  Ordinary Shares held   Percentage of issued ordinary
                          acquired         following the    share capital held following
                                             transaction                the transaction*

 John Morgan               950,000            48,359,482                          26.91%


    Following the transaction, Mr Morgan's deemed beneficial holding will represent approximately 20.68% of the Issued Share Capital (as
described below).

    Note to the above table:

    *As at the date of this announcement, the Company has in issue 179,709,687 existing Ordinary Shares which are admitted to trading on
AIM. Subsidiaries controlled by the Company have in issue 54,174,928 Exchangeable Securities and the Company has in issue the same number of
Special Voting Shares. Special Voting Shares and Exchangeable Securities were issued to certain Shareholders as part of the consideration
for the acquisition of the Newfound group by the Company pursuant to an acquisition agreement dated 31 August 2006. At the time of exchange
of the Exchangeable Securities, an application will be made for the new Ordinary Shares issued to be admitted to trading on AIM and an equal
number of Special Voting Shares will be cancelled or repurchased for nil consideration. Although the AIM Rules for Companies only apply to
Ordinary Shares admitted to trading on AIM, the Directors of the Company regard the aggregate of the Ordinary Shares in issue from time to
time and the number of Ordinary Shares that would be issued if all Exchangeable Securities were exchanged as being the number of shares to be used for the calculation of earnings per share
and the market capitalisation of the Company. Accordingly, the Directors regard the Issued Share Capital to be 233,884,615.

    Enquiries:

 Newfound N.V.
 Simon Longfield                 +44 (0)20 7470 2490

 Collins Stewart Europe Limited
 Adrian Hadden                   +44 (0)20 7523 8350


    ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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