CAYMAN NATIONAL CORPORATION ANNOUNCEMENT
|CAYMAN NATIONAL CORPORATION ANNOUNCEMENT|
19 July 2004
The Board of Directors of Cayman National Corporation has hereby given notice that more than five percent (5%) of Cayman National Corporation's equity shares have been purchased by the following shareholders as a closely connected group:
Mr. S.N. Roditi 1,497,064
Rovida Asset Management* 1,283,423
*Mr. S.N. Roditi has controlling interest in Rovida Asset Management.
The total issued and outstanding shares of Cayman National are 40,394,957, which would bring the above connection to 6.883%.