Company News
2005
Anouncement from Michael Wilson, Chairman and Director of SJPC.
28/07/2005
Michael Wilson, Chairman and Director of SJPC, has today notified SJPC that he sold on 27 July 2005 1.5 million ordinary SJPC shares of 15p at a price of £2.35 per share.
As a result of the above sale, Michael Wilson's interests in ordinary shares of SJPC are as follows:
Beneficial:
3,625,584
Non-beneficial:
750,000
together representing 0.99% of SJPC's issued share capital.
Mr Wilson's interests in options to subscribe for SJPC ordinary shares are unchanged.
Mr Wilson commented on the sale of part of his beneficial holding as follows:
"My sale of 1.5 million shares is for personal reasons, in part to fund a clean break settlement with my ex-wife. I am committed to retaining my remaining beneficial shareholding of 3.6 million shares as a long term investment."
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