Share Information
MAJOR SHAREHOLDINGS AND OTHER INFORMATION RELATING TO THE SHARES OF THE COMPANY
There currently exists 12, 806,773 shares of ordinary share capital outstanding. The Company’s shares are only traded on the London Stock Exchange. Approximately 42.50% of the shares of the Company are in the hands of the general public.
The following interests of shareholders holding 3% or more of the ordinary share capital, other than directors, have been notified to the Company:
| Name |
Number of Shares |
Percentage owned |
| Thermodynetics, Inc. |
2,712,307 |
21.18 % |
| Execuzen Limited |
2,250,000 |
17.57 % |
| Mr. Joseph Desena |
1,360,000 |
10.62 % |
| Burlington Holdings, Inc. |
890,000 |
6.95% |
| L'Espoire Trust |
820,000 |
6.40 % |
REMOVAL OF RESTRICTIONS ON THE TRANSFER OF SECURITIES
As announced by the Company’s Board of Directors on 12 April 2011 Turbotec Products, PLC has applied to AIM for the transfer of the entire issued share capital of 12,806,773 Ordinary Shares of 1 penny each from Regulation S to unrestricted form. The unrestricted Ordinary Shares will be eligible for electronic settlement in CREST. Further details are contained in a letter sent by the Company to all shareholders on the register of members at 18 April 2011, which can be viewed by clicking on this link.
Regulation S restrictions on the transfer of shares were lifted effective 19 April 2011 and from this date, the Regulation S Ordinary Share certificates will no longer be valid. No new Ordinary Shares will be issued pursuant to the arrangements and following the transfer to unrestricted form, the total number of Ordinary Shares issued and admitted to trading on AIM will remain at 12,806,773. The Ordinary Shares retain their existing ticker (TRBO.L) and ISIN (GB008128LN88).