NGH Network Group

TIDMNGH

RNS Number : 0991X

Network Group Holdings PLC

30 November 2010

Network Group Holdings plc

(the "Company")

Issue of Equity

Network Group Holdings announces that on 30 November 2010 it issued 250 000 ordinary shares of 0.1p. Application for admission has been made in respect of these shares, and admission is expected to be effective on 6 December 2010.

These shares were issued pursuant to the Company's policy of incentivising management in its businesses through equity participation in the Company.

As a result of this issue of shares and in conformity with the Financial Services Authority's Disclosure and Transparency Rules, the Company gives notice that its voting capital consists of 72,529,089 Ordinary Shares of 0.1p each, with a total nominal value of GBP72,529.09.

As the Company does not hold any ordinary shares in Treasury, its total number of voting rights equals its capital. Under the trust deed establishing the Network Group Holdings Employee Benefit Trust, the trustees have undertaken to abstain from voting any shares held in the trust fund, which currently holds 6,500,000 Ordinary Shares, however these shares still carry voting rights, and have been included in the total voting rights figure quoted above.

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FSA's Disclosure and Transparency Rules.

For further information please contact:

 
 Network Group Holdings plc 
  Nigel Dudley, Company Secretary 
  www.networkgroupholdings.co.uk     01676 525 000 
 
 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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