Options Cassoulides Plc announces that on Mrach 31st acquired 100,000,000 shares of the British company Western & Oriental Plc (www.westernorientalplc.com). OptionsCassoulides Plc paid for the total sum of GBP 1.5 million.

Western & Oriental Plc (W&O) is listed in the A.I.M. market of London stock Exchange and is actively involved in the organization of Conferences , Leisure and Travelling .

The acquisition was part of a share capital increase and the new shares started to trade in the A.I.M. of London Stock exchange on April 8, 2010.

The aforementioned purchase secured to Options a stake of 27.8% in W&O. Options Cassoulides plc proceeded with the investment due to the synergies that might occurred between the current operations of the Group ( Organization of Congresses ) and W&O activities.

The other major shareholders of W&O are the following institutional investors:

 

Institution                                  Number of Shares         percentage

Goldman Sachs International             30.000.000                13,16 %
Fortelus Capital Management            25.050.000               10,99 %
Credit Agricole Group                           23.260.000                10,21 %
Cyrus Capital Partners LP                  15.720.000                 6,90 %
Allianz Insurance PLC                         12.400.000                  5,44 %
Albion Investments                              10.000.000                  4,39 %
Tosca Small Cap                                  9.450.000                   4,15 %
Schroder Ventures                                8.000.000                    3,51 %