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Notification of Holding in Company

Saturday, 18 June 2016 14:43

NORCON PLC

("Norcon" or the "Company")

 

Notification of Holding in Company

 

 

 
Norcon (AIM: NCON), the global communications network specialist, was notified on 17 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 90,000 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 33,450,511 Ordinary Shares, representing 67.85% of the Company's total voting rights.
 

For further information, please contact:

 

Norcon plc

 

Trond Tostrup, Executive Chairman

+47 901 69369

Arne Dag Aanensen, Chief Financial Officer

+357 25736830

   

finnCap

 

Stuart Andrews/Emily Watts (Corporate Finance)

+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.