Tungsten Corporation PLC Director/PDMR Shareholding (0155W)

TIDMTUNG

RNS Number : 0155W

Tungsten Corporation PLC

13 August 2015

TUNGSTEN CORPORATION PLC

("Tungsten" or the "Company")

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA, JAPAN NOR ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

For Immediate Release

13 August 2015

Director's Shareholding

The Company has been informed that Nicholas Parker, Non-Executive Director, today purchased 28,750 ordinary shares at a price of 75.50p per share into his SIPP. Accordingly, Mr Parker now has a beneficial interest in 150,000 ordinary shares, representing 0.1% of the total voting rights of the Company.

 
 Enquiries: 
   Tungsten Corporation plc 
    Richard Hurwitz, Chief Executive             +44 20 7280 
    Officer                                      7713 
    Juliana Wheeler, Head of Global              +44 20 7280 
    Communications (Media)                       7973 
 
   Charles Stanley Securities 
    (Nominated Adviser and Joint 
    Broker)                                      +44 20 7149 
    Dugald Carlean                               6000 
 
 
   Canaccord Genuity Limited 
    (Joint Broker)                               +44 20 7523 
    Simon Bridges/Emma Gabriel                   8000 
 
   Neustria Partners (Investors 
    and Analysts) 
    Robert Bailhache/Nick Henderson/Charles      +44 20 3021 
    Gorman                                       2580

About Tungsten Corporation plc

Tungsten Corporation (LSE: TUNG) accelerates global trade by enabling customers to streamline invoice processing, improve cash-flow management and make better buying decisions from their detailed spend data.

Buyer organisations that join Tungsten Network, the world's largest compliant electronic invoicing network, can reduce their invoice-processing costs by 60%. Suppliers benefit from efficiencies, greater visibility of their invoice status and peace of mind. Tungsten offers options for supply chain financing and helps buying organisations profit by applying real-time spend analytics to its vast repository of line-level invoice data.

Tungsten serves 56% of the Fortune 500 and 67% of the FTSE 100 by connecting the world's largest companies and government agencies to their thousands of suppliers around the globe. It enables suppliers to submit tax compliant e-Invoices in 47 countries, and last year processed transactions worth over $187bn for organisations such as Alliance Data, Aviva, Cargill, Deutsche Lufthansa, General Motors, GlaxoSmithKline, Henkel, IBM, Kellogg's, and the US Federal Government.

Contact: Juliana Wheeler, Head of Global Communications, +44 20 7280 7973.

juliana.wheeler@tungsten-network.com

This information is provided by RNS

The company news service from the London Stock Exchange

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