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Director Dealings

3rd May 2013 15:21

RNS Number : 0195E
32Red Plc
03 May 2013
 



32Red Plc 

("the Company")

 

Director Dealings

 

The Company announces today that the following directors have exercised options over ordinary shares of 0.2p each in the Company at an exercise price of 30p pence per share.

 

 

Director

Share options

exercised at 30p

ConsiderationPaid

Beneficial Interest

in shares after exercise

%

Holding

Ed Ware

523,900

£157,170

18,023,900*

25.1%

David Fish

125,000

£37,500

9,125,000

12.7%

Jon Hale

333,333

£100,000

1,133,333

1.6%

Patrick Harrison

300,000

£90,000

550,000

0.8%

John Hodgson

125,000

£37,500

440,000

0.6%

1,407,233

£422,170

*17,100,000 held in The Rawdon Trust

 

Application has been made for the 1,407,233 ordinary shares of 0.2p each (the "New Shares"), the subject of the above option exercises, to be admitted to trading on AIM. The New Shares will rank pari passu in all respects with the existing shares in issue and dealings in the New Shares are expected to commence on 10 May 2013. Following the admission of the New Shares to trading on AIM, a total of 71,945,566 ordinary shares are in issue.

 

 

3 May 2013

Enquires:

32Red plc

Tel: +350 20049395

Ed Ware, CEO

Jon Hale, Finance Director

College Hill

Tel: +44 (0) 20 7457 2020

Jamie Ramsay

Numis Securities

Tel: +44 (0) 20 7260 1200

Chris Wilkinson; Corporate Broking

Michael Meade; NOMAD

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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