RNS Number : 0218O Tungsten Corporation PLC 22 May 2015 ﻿ TUNGSTEN CORPORATION PLC ("Tungsten" or the "Company") Director Shareholding Tungsten Corporation (the "Company") was notified on 21 May 2015 that pursuant to the acquisition of new ordinary shares in the placings announced by the Company on 21 May 2015, the following Directors of the Company have acquired the following shares in the Company, at a price of 80 pence per share, on 21 May 2015: FIRM PLACING CONDITIONAL PLACING* Name Number of Shares acquired in Firm Placing Shareholding post Firm Placing % of issued share capital Number of Shares acquired in Conditional Placing Shareholding post Conditional Placing % of issued share capital Edmund Truell** 859,961 18,381,084 16.94% 2,902,539 21,283,623 16.97% Peter Kiernan 2,857 185,056 0.17% 9,643 194,699 0.16% Lincoln Jopp 5,714 28,212 0.03% 19,286 47,498 0.04% Nicholas Parker*** 7,142 47,142 0.04% 24,108 71,250 0.06% *Subject to shareholder approval being obtained at the general meeting to be held on 11 June 2015 ** Edmund Truell invested via Disruptive Capital Investments Limited. Edmund Truell's holdings disclosed above represent both his direct and indirect holdings *** Nicholas Parker's holdings include shares held by Mr Parker in his SIPP. Enquiries: Tungsten Corporation plc Edmund Truell, Group CEO Juliana Wheeler, Head of Global Communications +44 20 7280 7901 +44 20 7280 7973 Charles Stanley Securities (Nominated Adviser and Joint Broker) Marc Milmo/Dugald Carlean +44 20 7149 6000 Canaccord Genuity Limited (Bookrunner and Joint Broker) Simon Bridges/Peter Stewart/Andrew Beswick +44 20 7523 8000 Neustria Partners (Investors and Analysts) Robert Bailhache/Nick Henderson/Charles Gorman +44 20 3021 2580 Equus Group (Media) Piers Hooper/Sam Barton/James Culverhouse +44 20 7223 1100 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 invoice 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 supply chain financing through Tungsten Bank*; 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 £121 billion for organisations such as Alliance Data, Aviva, Cargill, Deutsche Lufthansa, General Motors, GlaxoSmithKline, Henkel, IBM, Kellogg's, and the US Federal Government. Tungsten Corporation joined forces with OB10 in 2013 to create the world's largest electronic trading network; and acquired DocuSphere in September 2014, a provider of accounts payable automation solutions This information is provided by RNS The company news service from the London Stock Exchange END RDSSESSWEFISESI
TUNGSTENdirectors bought shares on 859,961 – participating in the £15mn fund raising round.The share purchases are detailed on the linked article.