29 June 2016
PAPILLON HOLDINGS PLC
Papillon holdings plc ("Papillon" or the "Company") the investment company formed to undertake an acquisition of a target company or business in the industrial and service sectors was advised on 28 June 2016 of dealings in the ordinary shares of £0.001 each in the share capital of the Company ("Ordinary Shares") by Mr James Longley, the Chief Financial Officer of Papillon.
4,950,000 Ordinary Shares were sold by Mr Longley at a price of 1.05 pence on 28 June 2016 and 4,950,000 Ordinary Shares were bought by IPM Pension Trustees Limited (James TC Longley SIPP) at a price of 1.0506 pence on 28 June 2016.
Furthermore 1,430,000 Ordinary Shares were sold by Mr Longley at a price of 1.05 pence on 28 June 2016 and 1,430,000 Ordinary Shares were bought his ISA with Hargreaves Lansdown at a price of 1.05208 pence on 28 June 2016.
Following the transactions detailed above, Mr Longley's beneficial holding of 35,000,000 Ordinary Shares remains unchanged and this holding represents approximately 26.44 per cent. of the Company's issued share capital.
|Papillon Holdings plc||www.papillonholdingsplc.com|
|Charles Tatnall, Director||
Tel: +44 (0) 20 8720 9323
|Alfred Henry Corporate Finance Ltd|
Tel: 020 7309 2242