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IPSA says CEO-linked company sells 312,500 IPSA shares

Published: 22:16 30 Jun 2009 AEST

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IPSA Group PLC (AIM: IPSA) said it was notified by Independent Power Corp PLC ('IPC'), a company controlled by IPSA CEO Peter Earl, that it disposed of IPSA shares at 16 pence each.

IPC now holds 3.125 million IPSA shares and, accordingly, Earl's beneficial holding in the company is now 13.135 million shares, or 13.8 percent of IPSA’s capital.

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