The company today announces that David Lean, a director of the company, has exercised the following options over 250,000 ordinary shares in the company of 1p each and sold all 250,000 shares by means of an off-market transfer at 76.00p per share:
Option grant date Price No. of shares
27 March 2009 5.00p 200,000
15 January 2006 10.60p 50,000
Following these transactions the interest of David Lean in the share capital of the company is:
Amount Relative to issued share capital
Shares – 0.0%
Share options 450,000 0.2%
The date of notification of these dealings is 5 April 2011.
The new ordinary shares to be issued will rank pari passu with the existing ordinary shares of the company.
Following the allotment of the new ordinary shares the issued share capital of the company will be 158,408,051 shares with voting rights; there are no shares in treasury.
The above figure may be used by shareholders as the denominator for the calculations which will determine whether they are required to notify their interest in the company, or any change to that interest, under the FSA’s Disclosure and Transparency Rules.