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Additional Listing and Directors Shareholdings

6th Apr 2005 09:30

Embargoed Release: 10:30hrs Wednesday 6 April 2005 SOPHEON PLC Additional Listing and Directors Shareholdings Sopheon plc announces that following the publication of its preliminary resultsfor 2004 yesterday, it issued 1,208,333 ordinary shares of 5p each inconnection with the exercise of conversion rights in respect of ‚£145,000nominal value of convertible loan stock by three directors. Stuart Silcock,Andrew Michuda and Arif Karimjee have converted their holdings of the loanstock comprising ‚£100,000, ‚£28,000 and ‚£17,000 respectively, and resulting inthe issue of 833,333, 233,333 and 141,667 new ordinary shares in each case.In order to repay personal borrowings incurred when they first invested in theconvertible loan stock, and to crystallise associated tax liabilities prior tothe new UK tax year starting today, each of Stuart Silcock, Andrew Michuda andArif Karimjee have sold at 26p per ordinary share, 96,000, 120,000 and 54,000ordinary shares respectively, representing a proportion of their newly acquiredordinary shares as described above.Application has been made for the new ordinary shares to be admitted to tradingon AIM and dealings are expected to commence on 11 April 2005.For further information contact:Barry Mence, Chairman Sopheon plc Tel : + 44 (0) 1483 685 735 Arif Karimjee, CFO Andrew Tan Hansard Communications Tel : + 44 (0) 207 245 1100 + 44 (0) 7957 203 685 Floor van Maaren Citigate First Financial Tel : + 31 (0) 205 754 010 ENDSOPHEON PLC

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