NCON Norcon

TIDMNCON

RNS Number : 3205B

Norcon PLC

16 June 2016

NORCON PLC

("Norcon" or the "Company")

Notification of Holding in Company

and Directors Dealing

Norcon (AIM: NCON), the global communications network specialist, was notified on 15 June 2016 that on that date Norconsult Telematics Holdings LTD. (a company controlled by Jørn Longem, Non-Executive Director of the Company and a company that Trond Tostrup, Executive Chairman of the Company, Arne Dag Aanensen, Chief Financial Officer of the Company and Gaute Vik, Executive Director of the Company are directors of), purchased 3,035,000 ordinary shares of 1 penny each in the capital of the Company ("Ordinary Shares") at a price of 19 pence per Ordinary Shares.

Following the above transaction, Norconsult Telematics Holdings LTD., now holds a total of 33,330,511 Ordinary Shares, representing 67.61% of the Company's total voting rights.

Furthermore, the Company was notified on 14 June 2016 that Kenneth West, Non-Executive Director, sold 72,222 Ordinary Shares at 18.75 pence per Ordinary Share. Following this transaction, Kenneth West no longer has a beneficial interest in the Company.

For further information, please contact:

 
Norcon plc 
Trond Tostrup, Executive Chairman               +47 901 69 369 
Arne Dag Aanensen, Chief Financial Officer      +357 25736830 
 
finnCap Ltd 
Corporate Finance- Stuart Andrews/Emily Watts   +44 (0) 20 7220 0500 
 
 

ABOUT NORCON:

Established in 1957, Norcon (LSE/AIM: NCON) has been a trusted consultant and project manager for more than half a century to governments and some of the world's largest global firms. These organisations rely on Norcon to select, implement and maintain a communication infrastructure that not only matches, but also supports the critical needs of their operations. Norcon's strength lies in its understanding of complex communication networks and their design.

www.norconplc.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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June 16, 2016 02:00 ET (06:00 GMT)

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