RNS Number:5120J
Virotec International PLC
10 December 2007

                           VIROTEC INTERNATIONAL PLC

10 December 2007

                                 Sale of Shares

The Directors of Virotec International plc ("Virotec") (AIM:VTI) are pleased to
announce that it has secured ongoing funding for the Group's operations.

Virotec has sold 5.5 million shares in Hydrodec Group plc ("Hydrodec") at a
price of #0.20 per share returning #1.1 million before costs. Virotec has agreed
to enter into a lock-in agreement with Hydrodec not to reduce its interest
further in Hydrodec for a period of 12 months.  Virotec retains 54.5 million
shares in Hydrodec representing an interest of approximately 28.1%, which has a
current market value of approximately #10.9 million.

Executive Chairman, Brian Sheeran, comments "This share sale provides Virotec
with sufficient capital to implement its current operational strategy."


For further information please contact Angus Craig, Company Secretary on +617
5573 3353 or by email at mail@virotec.com.


                           VIROTEC INTERNATIONAL plc
                             Company Number 5796515
                                www.virotec.com


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

END
MSCGUGGGPUPMUGU
Virotec (LSE:VTI)
Gráfica de Acción Histórica
De Dic 2024 a Ene 2025 Haga Click aquí para más Gráficas Virotec.
Virotec (LSE:VTI)
Gráfica de Acción Histórica
De Ene 2024 a Ene 2025 Haga Click aquí para más Gráficas Virotec.