24th Sep 2013 17:05
LONDON (Alliance News) - SQS Software Quality Systems AG said Tuesday that it had issued 50,883 new shares under its stock option plan. These shares were purchased at EUR3.95 each.
Of these new shares, Employee Representative Matthias Baunach exercised 242 options at EUR3.95 each. Following this action Baunach has a 0.001% interest in the company.
The new shares will be transferred into depositary interests before being admitted to trading on AIM.
Shares in the software testing and services company closed down 1.5% at 450.00 pence Tuesday.
By Hana Stewart-Smith; [email protected]; @hanassallnews
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