ANS Group Plc
LSE : ANS

April 30, 2008 03:02 ET

ANS Group Plc ('ANS Group' or 'the Group'): Director Shareholding Research Coverage Initiated

MANCHESTER, UNITED KINGDOM--(Marketwire - April 30, 2008) - Further to the Board's announcement on 2 April 2008, where Scott Fletcher, Chairman, gifted 3,067,156 ANS Group shares to a trust set up for the benefit of his children and their descendents on 27 March 2008, the Group reports that on 21 April 2008 the legal title and beneficial ownership of the shares were transferred to Lowry Investment Capital Limited - wholly owned by The Scott Fletcher 2008 Discretionary Settlement ('the Trust').

The trustees of the Trust are Scott Fletcher and Stephen Fletcher, Scott Fletcher's father ('the trustees'). The beneficiaries of the Trust are Scott Fletcher's children and their descendants in the first instance. Scott Fletcher retains no beneficial interest in the shares following the transfer of the shares to Lowry Investment Capital Limited.

In addition, the Board is pleased to announce that it has initiated research coverage of its stock by Growth Equities and Company Research (GE&CR). The Report is available via: http://www.ansgroup.co.uk/Downloads/gecr_25April08.pdf.

The Directors of the Issuer accept responsibility for this announcement.

About ANS Group

ANS Group is a technology infrastructure specialist in the provision of hardware, software and 24/7 managed services to UK Enterprise businesses. Operating within both public and private sectors, its leading and award-winning solutions are offered in three key areas;

- Security & Identity Management

- Unified Communications & Wireless

- Storage, Storage Management & Virtualisation

Based in Manchester, ANS Group delivers consistently high levels of customer service through all project deployments and ongoing support to its 400 plus client base. Working closely with key partners Cisco, Hitachi Data Systems, Microsoft, Novell, and Smart Identity allows ANS Group to offer an unrivalled level of expertise and experience in the multifaceted industry of IT.

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