W.H. IRELAND GROUP PLC

Major Shareholding Notification • Sep 20, 2016

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RNS Number : 2460K

W.H. Ireland Group PLC

20 September 2016

WH Ireland Group plc

("WH Ireland" or the "Company")

Shareholder Update

The Board of WH Ireland Group PLC has noted the release of the TR1, earlier today, confirming a change of shareholder in the Company. The Board welcomes the new shareholder, Kuwaiti European Holding Group ("KEH Group"), and is looking forward to working with KEH Group in order to accelerate the growth opportunities across the Company.

Commenting on the change in shareholders, Richard Killingbeck, Chief Executive Officer, said "The Board and I are very pleased to welcome our new shareholder in WH Ireland. KEH Group has an exciting plan for growth within its existing financial services companies in the Gulf states and the UK. WH Ireland expects to be able to help support this growth from both of its divisions and to benefit from the financial resources within KEH Group to develop and accelerate growth plans at the Company."

For further information please contact:

WH Ireland Group plc                                                                                         www.whirelandplc.comRichard Killingbeck, Chief Executive Officer                                                  +44(0) 20 7220 1666                        

Lansons (for media enquiries)

Tom Baldock                                                                                                         +44(0)207 566 9716

SPARK Advisory Partners Limited

Mark Brady/Miriam Greenwood                                                                      +44(0) 20 3368 3551

This information is provided by RNS

The company news service from the London Stock Exchange

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