15th May 2008 12:53
ALBEMARLE & BOND HOLDINGS PLC
"the Company"
Exercise of Option by an Employee
The Company announces that it received from an employee today a letter of exercise of options over 2,000 Ordinary shares of 4p each at a purchase price of 107.5p per share in the Approved Executive Share Option Scheme.
Application has been made for 2,000 new Ordinary 4p shares to be admitted to listing pursuant to the exercise of share options announced above. It is expected that dealings will commence in the new Ordinary shares on 21 May 2008.
As a result of the application for listing, the issued share capital of the Company will be increased from 54,800,838 Ordinary shares of 4p each to 54,802,838 Ordinary shares of 4p each.
Albemarle & Bond Trustee Limited is the Trustee of the Albemarle & Bond Pawnbrokers Limited Employee Benefit Trust ("the EBT"). The EBT is interested in 504,250 Ordinary 4p shares representing 0.92% of the Company's total issued share capital.
C L Nicolson, G V Nicholls, D A L Page and D P Pattinson are directors of Albemarle & Bond Trustee Limited.
Date: 15 May 2008
END
Related Shares:
ABM.L