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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Sovgem | LSE:SOV | London | Ordinary Share | GB00B03XLZ73 | ORD 0.001P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 16.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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RNS Number : 7511G
SovGEM Limited
27 October 2008
Press release 27 October 2008
SovGEM Limited
("SovGEM" or "the Company")
Notification of Interest
On 24 October 2008 the Company was informed that Ameriprise Financial, Inc and its group, of which Threadneedle Asset Management
Holdings Limited is the ultimate intermediate holding company in the UK, has sold 2,275,000 ordinary shares of 0.001 pence in the Company.
Ameriprise now has a beneficial interest in 1,519,961 shares (representing 6.67% of the Company's issued share capital).
- Ends -
For further information:
SovGEM Limited
Hugh de Lusignan, Chief Executive Officer Tel: +44 (0) 20 7389 0655
hdelusignan@sovereigngroup.com www.sovgem.com
NOMAD & Broker
Hanson Westhouse Limited
Tim Metcalfe / Martin Davison Tel: +44 (0)20 7601 6100
tim.metcalfe@hansonwesthouse.com www.hansonwesthouse.com
Media enquiries:
Abchurch Communications Limited
Charlie Jack / Monique Tsang Tel: +44 (0) 20 7398 7700
charlie.jack@abchurch-group.com www.abchurch-group.com
Notes to Editors
SovGEM Limited is an emerging market finance house incorporated in Jersey. Its geographic investment focus includes China and other
emerging markets. SovGEM joined AIM in November 2004 (AIM: SOV).
The Company invests in high-growth companies, the majority of which are already profitable. SovGEM has an extensive network of
professional advisors and associates giving the Company access to the small cap Chinese and other emerging markets. The Company aims to
realise profits by investing in these companies as they undertake a major step change either through pre-IPO, listing or evolving to a more
senior financial market. These investments may comprise straight equity or debt instruments with an equity conversion scheme.
Further information can be found at www.sovgem.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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