Holdings in Company

RNS Number : 6918N

Corac Group Plc

20 February 2009

 

CORAC GROUP PLC (the "Company")

 

Holdings in the Company

 

The Company was informed that, as at 16 February 2009, Barclays PLC now holds an interest and voting rights in 5,207,396 ordinary shares of nominal value 10p each in the Company, representing approximately 6.02% of the Company's issued share capital on that date.

 

For further information please contact:

Professor Gerry Musgrave

Executive Chairman

01895 813463

 

Ivonne Cantu/Camilla Hume - Corporate Finance

Christian Hobart - Sales

Cenkos Securities plc

020 7397 8900

 

NOTES TO EDITORS

Corac is an intellectual property, engineering and licensing group which holds many patents. It focuses on high speed electrical direct drive turbo machinery based on its unique expertise in gas bearings. Corac has created an innovative 'no oil' turbo compressor together with a unique gas seal, and is part of a joint industry programme for the downhole gas extraction industry. 

 

Further information on Corac is available on the internet at www.corac.co.uk