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).