RNS Number : 1669K
  GNE Group PLC
  15 December 2008
   


                                15 December 2008

    The issuer advises that the following replaces the announcement released under RNS number 1531K at 14.25 today. The share purchase for M
R Ratcliffe has been amended. The full amended text appears below.



    GNE Group plc

    ("GNE" or "the Group")

    Director Shareholding & Holdings in Company


    GNE Group plc (AIM:GNE) announces that it was notifed today that Martyn Roy Ratcliffe, Director of the Company, on the 12 December 2008,
acquired 2,119,927 ordinary shares representing 15.0% of the issued share capital of GNE. 

    GNE also announces that it was notified today that North Atlantic Smaller Companies Investment Trust plc, on 12 December 2008, acquired
1,600,000 ordinary shares representing 11.4% of the issued share capital of GNE.

    GNE was notified on 12 December 2008 that on 12 December 2008 due to a disposal of ordinary shares Vaimed Enterprises Limited and
Gallagher Holdings Limited no longer have a notifiable interest in the issued share capital of GNE. 



    - Ends -

    For further information:
    GNE Group plc
    Ian Falconer                                                          Tel: +44 (0) 870 241 0454
    ianf@gnegroup.co.uk                                             www.gnegroup.co.uk

    Seymour Pierce
    Richard Feigen / Sarah Jacobs                                Tel: +44 (0) 20 7107 8000
    sarahjacobs@seymourpierce.com                           www.seymourpierce.com

    Media enquiries:
        Abchurch
        Henry Harrison-Topham    / Ariane Comstive    Tel: +44 (0) 20 7398 7702
        henry.ht@abchurch-group.com                          www.abchurch-group.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
MSCFFWFIISASEIE

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