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IDD ID Data

0.25
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
ID Data LSE:IDD London Ordinary Share GB0009778589 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.25 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Holding(s) in Company

10/01/2008 7:01am

UK Regulatory


RNS Number:4640L
ID Data Group PLC
10 January 2008


Press Release                                                    10 January 2008

                               ID DATA GROUP PLC

                          ("ID Data" or the "Company")

                               Holding in Company

ID Data Group Plc (AIM:IDD), the smart card solutions and outsourcing business,
was notified, yesterday, that Dexapoint United Corp ("Dexapoint"), a fund
managed in Zurich, Switzerland has acquired 195,875,000 ordinary shares in
the capital of ID Data at a price of 1.1 pence per share (value 7 January 2008),
valuing the stake acquired at £2.15 million. This represents 14.8 % of the
equity and voting rights of ID Data. These shares were previously held by RAB
Special Situations Master Fund.

Commenting on this transaction Peter J Cox, CEO of ID Data, said:

"I welcome Dexapoint as a new major shareholder in ID Data and I hope that this
investment may lead to the introduction of additional card related business to
ID Data's production platforms and assist with the development of strategic
relationships through Dexapoint's other card related investments.

For further information, please contact:

ID Data Group plc
Peter Cox, Chief Executive                              Tel: +44 (0)1730 235700
peter.cox@iddata.com

Smith & Williamson Corporate Finance Limited
Azhic Basirov / David Jones                            Tel: +44 (0)20 7131 4000












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

END
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