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ESCH - Escher Group News Story

189.5p 0.0  0.0%

Last Trade - 15/11/17

Sector
Industrials
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £14.2m
Position in Universe th / 1808

Escher Group Hldgs - Notification of Major Interest in Shares

Wed 12th April, 2017 5:30pm
RNS Number : 3809C
Escher Group Holdings PLC
12 April 2017

12 April 2017

Escher Group Holdings plc

Notification of Major Interest in Shares

Escher Group Holdings plc (AIM: ESCH, "Escher" or "the Company"), a world leading provider of outsourced, point of service software to the postal industry, received notification earlier today that Alto Invest is now a holder of 570,276 ordinary shares in the Company, representing 3.04 per cent. of the Company's issued share capital and voting rights.

The full chain of controlled undertakings through which the ordinary shares in the Company are effectively held is below:

310,776 ordinary shares are held by Fortune Europe 2014 fund representing 1.66 per cent. of the Company's issued share capital and voting rights

158,500 ordinary shares are held by Fortune Europe 2013 fund representing 0.85 per cent. of the Company's issued share capital and voting rights

71,000 ordinary shares are held by Fortune Alto 2012 fund representing 0.38 per cent. of the Company's issued share capital and voting rights

30,000 ordinary shares are held by Fortune Europe 2015 fund representing 0.16 per cent. of the Company's issued share capital and voting rights

This disclosure has been calculated based on total ordinary shares in issue of 18,733,835.

Enquiries:

Escher www.eschergroupholdings.com

+353 (0)1 254 5400

Liam Church, Chief Executive Officer

Clem Garvey, Chief Financial Officer




Panmure Gordon

+44 (0)20 7886 2500

Andrew Godber/Alina Vaskina, Corporate Finance


Erik Anderson, Corporate Broking




Instinctif Partners

+44 (0)20 7457 2020

Adrian Duffield/Chris Birt


About Escher

Escher is a world leading provider of outsourced point-of-service software for use in the worldwide postal, retail and government sectors. Its core software, Riposte, a Digital Transaction Platform enables its customers to expand their offerings, providing new services, reducing costs and increasing efficiency

The RipostePlatform securely extends the retail branch network. Escher's technology creates new revenue opportunities, it streamlines operations and its flexibility allows it to be deployed across multiple platforms and devices, giving the ultimate freedom of choice when it comes to channel and hardware selection.

Escher's focus is to ensure the success of its customers by delivering the very best in innovative technology for their business.


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