13th Jul 2006 17:14
themutual.net plc ("the Company") Director Shareholding & Additional Listing themutual.net plc announces that Mark Smith, CEO, exercised options over200,000 Ordinary Shares of 0.01p each at a price of 19.5p per share under theterms of the Company's Share Option Plan on 13 July 2006. Mr Smith has alsotoday sold 200,000 shares of 0.01p at a price of 68p per share.Peter Coveney, Finance Director, exercised options over 1,815,000 OrdinaryShares of 0.01p each at a price of 5.5p per share under the terms of theCompany's Share Option Plan on 13 July 2006. Mr Coveney has also today sold500,000 shares of 0.01p at a price of 68p per share.Following the above exercises and sales of shares, Mr Smith holds 800,000options over Ordinary Shares of 0.01p in the Company. Mr Coveney's totalholding in the issued share capital of the Company is 1,836,407 shares,representing 3.66% of the total shares in issue.Application has been made to the London Stock Exchange for the 2,015,000 newOrdinary Shares, which will rank pari passu with existing Ordinary Shares, tobe admitted to trading on AIM and admission is expected to become effective onWednesday 19 July 2006.Enquiries:Peter CoveneyFinancial Directorthemutual.net plc 020 7440 9312ENDthemutual.net PLCRelated Shares:
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