News
RNS Announcements
Change in a Substantial Shareholders' Shareholding
01 August 2006
Uranium Resources plc announces that David Steinepreis, Gary Steinepreis and interests associated with them (together the 'Steinepreises') have completed the sale of 20,000,000 ordinary shares to Sunvest Corporation Limited ('Sunvest'). The consideration paid was 1.5 pence per share.
As a consequence, Sunvest becomes a substantial shareholder in the Company. Its interest represents approximately 9.5% of the issued capital of the Company. The Steinepreises cease to be substantial shareholders.
Sunvest notified the Company on 31 July 2006 that it had completed the purchase from the Steinepreises. The Steinepreises notified the Company on 28 July 2006 that they had completed the transfer to Sunvest.
Sunvest, is an Australian Stock Exchange listed investment company, focusing on investments on both the Australian Stock Exchange and AIM. The managing director and major shareholder of Sunvest is Mr Bruce Rowan. Mr Rowan has enjoyed success as a private investor and manager of listed investment companies on both Australian Stock Exchange and AIM. He has been a shareholder of Uranium Resources plc, since its IPO holding 24,500,000 ordinary shares, representing approximately 11.6%.
| Contacts: | ||||
| Ross Warner |  |
Uranium Resources plc | |
Tel: 07760 487 769 |