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Director Exercise of Options & EBT dealing

19th Jul 2013 07:00

RNS Number : 6806J
The Mission Marketing Group PLC
19 July 2013
 

The Mission Marketing Group plc


Director Exercise of Options & EBT dealing

 

 

The Mission Marketing Group plc ("TMMG" or "the missiontm"), the national marketing communications and advertising group, was notified on 18 July 2013 that on the same day Fiona Shepherd, a director of the TMMG, exercised nil cost options over a cumulative total of 18,900 ordinary shares of 10 pence each in the missiontm ("Ordinary Shares"). The allotment of these shares will be satisfied by the transfer to Mrs. Shepherd of Ordinary Shares currently held by the The Mission Marketing Group Employee Benefit Trust ("EBT").

 

The following table sets out the details of nil cost LTIP options exercised by Fiona Shepherd and her resultant shareholding:

 

Director

Previous number of LTIP options held

Number of LTIP options exercised

Resultant number of LTIP options held

Resultant number of Ordinary Shares held

Resultant percentage interest in the missiontm

Fiona Shepherd

148,900

18,900

130,000

1,254,173

1.63%

 

 

Separately, TMMG announces that other employees have exercised nil cost options over a cumulative total of 412,600 Ordinary Shares. The allotment of these Ordinary Shares will be satisfied by the transfer to these employees of Ordinary Shares currently held by the EBT.

 

In addition to this, the EBT has notified TMMG that it has purchased the following Ordinary Shares:

 

Date of purchase

Number of shares

Price (pence)

18 July 2013

92,252

25.0

18 July 2013

220,000

26.6

 

Following these transactions, the EBT's interest in the missiontmis 1,208,578 Ordinary Shares, representing approximately 1.57% of the issued share capital of the missiontm.

 

 

Enquiries:

The Mission Marketing Group plc

020 3463 2099

Peter Fitzwilliam

Finance Director

 

 

finnCap Limited

020 7220 0500

Geoff Nash / Henrik Persson

Simon Starr

Corporate Finance

Corporate Broking

 

 

the missiontm is a national marketing communications and advertising group with 17 offices across the UK. The Group specialises in providing national and international clients with award winning marketing, advertising and business communications. Group members include Addiction, April-Six, Balloon Dog, Big Communications, Bray Leino, RLA, Robson Brown, Story, ThinkBDW and Yucca. the missiontm employs aver 800 staff nationally and is listed on AIM (TMMG).

 

www.themission.co.uk

 

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