Investment Within London Pacific Life & Annuity Company
PR Newswire - April 19, 1999 07:19
LONDON, April 19 /PRNewswire/ -- The Company is pleased to announce the following concerning investments held within its insurance subsidiary, London Pacific Life & Annuity Company (Nasdaq: LPGLY):
1. Ramp Networks (RAMP), a provider of Internet access devices,
registered for its initial public offering (IPO) on Friday,
16th April 1999.
2. Net Perceptions (NETP), a leading marketing solutions provider to real
time Internet retailers, has earlier registered for its IPO and is
expected to price its offering this week.
3. Net Gravity (NETG) is currently a public holding which completed its
IPO last year.
4. The Company will in the future announce registration of holdings and
the completion of offerings.
Details of the above registration filings may be found on the SEC website for EDGAR filings www.sec.gov.
The symbol for London Pacific Group Limited's Nasdaq stock quote will be changed from LPGLY to LPGL from the close of business today, Monday 19th April 1999.
R. W. Green
Company Secretary
For additional information contact Ian Whitehead, Chief Financial Officer, telephone number: 916-641-4220 in the United States, or visit our venture capital website at www.berkeleyvc.com.
SOURCE London Pacific Life & Annuity Company
/CONTACT: Ian Whitehead, Chief Financial Officer, 916-641-4220/
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