DHAIS plc
LSE : DHAP

July 24, 2012 10:42 ET

Interest in Shares

DHAIS Plc

Interest in shares

DHAIS  Plc ("DHAIS" or the "Company") (PLUS: DHAP), a UK leader in the marketing and retailing  of
hearing and mobility products, reports the interests of a significant shareholder.

We  recently  announced  that Owen Hearing Limited ("OHL"), a subsidiary  of  Hearing  and  Health
International  ("HHI"),  agreed to return the Staines store to DHAIS  in  exchange  for  2,000,000
Ordinary shares in the Company.

OHL  has  now,  in  repayment of a loan and intercompany debt, transferred its 2,000,000  Ordinary
shares in the Company to HHI.

As a result HHI now owns 2,969,869 Ordinary shares or 4.83% of the issued capital of the Company.

The transfer took place on 10 July 2012 and the Company was notified on 23 July 2012.

As  part  of  this transaction, the entire share capital of OHL was transferred to two individuals
and DHAIS. DHAIS now owns 17.7% of the entire share capital of OHL.

The Directors of the Issuer accept responsibility for this announcement.

24 July 2012

Enquiries:

Amin Kiddy
Director, DHAIS Plc
Tel: +44 (0) 2920 666888

Jon Isaacs
jisaacs@alfredhenry.com
Alfred Henry Corporate Finance Limited
www.alfredhenry.com
Tel: +44 (0) 20 7251 3762

Contact Information

  • DHAIS plc