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Director Shareholding and Issue of Equity

9th Jan 2015 13:34

RNS Number : 8000B
InterQuest Group PLC
09 January 2015
 

9th January 2015

InterQuest Group plc

("InterQuest" or "the Company")

Director Shareholding

&

Exercise of options

InterQuest Group plc, the specialist recruiter in the technology, analytics and digital market, announces that it has been notified that Mark Braund, Chief Executive Officer, and Michael Joyce, Chief Financial Officer, have today respectively been issued with a total of 360,000 ordinary shares and 313,333 ordinary shares to satisfy the exercise of options under the Group's Share Option Plans and awards made with respect to a Long Term Incentive Plan.

The Company has also been notified that Deirdre O'Shaughnessy, the wife of Michael Joyce, has today sold 170,830 ordinary shares at a price of 97p per ordinary share. Following these transactions, Michael Joyce is beneficially interested in 313,333 ordinary shares representing 0.9 per cent. of the Company's enlarged issued share capital.

 

Following this issue of shares, Mark Braund is beneficially interested in 825,603 ordinary shares representing 2.3% per cent. of the Company's enlarged issued share capital.

 

In addition, the Company has received valid notices of exercise of options for a further 15,000 ordinary shares under the Company's share option schemes and awarded a further 135,000 ordinary shares with respect to a Long Term Incentive Plan.

 

Application has been made for the 823,333 new ordinary shares to be admitted to trading on AIM and it is expected that admission will take place on 15 January 2015.

 

The new ordinary shares will rank pari passu with the existing shares of the Company. Pursuant to admission of the new ordinary shares, the total issued share capital of InterQuest will be 35,182,765 ordinary shares. The Company holds 2,000 ordinary shares in treasury which do not carry voting rights and therefore the total number of shares with voting rights in the Company is 35,180,765.

 

The above figure of 35,180,765 ordinary shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in InterQuest, under the Disclosure and Transparency Rules.

 

 Enquiries:

 

InterQuest Group Plc

Michael Joyce, Chief Financial Officer Tel: +44 (0) 20 7025 0100

 

Charles Stanley Securities (Nomad and Broker)

Marc Milmo Tel: +44 (0) 20 7149 6000

Karri Vuori

 

Media enquiries:

 

Maitland

Neil Bennett Tel: +44(0)20 7379 5151

Andy Donald

 

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

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