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Director/PDMR Shareholding

23rd Sep 2010 07:00

RNS Number : 1534T
NetDimensions (Holdings) Limited
23 September 2010
 



 

 

NetDimensions (Holdings) Limited

("NetDimensions" or "the Company")

 

Issue of Equity, PDMR shareholding and total voting rights

 

The Company was notified that Sanjay Vaze, Non-Executive Director of the Company, exercised the following share options.

 

Name

 No. of Options

Exercise price

Option Plan

1

Sanjay Vaze

20,000

US$ 0.045

2000 Stock Option Plan

2

Sanjay Vaze

20,000

US$ 0.1

2000 Stock Option Plan

 

Upon the exercise of the options, 40,000 shares of US$0.001 each in the capital of the Company have been allotted and will be issued. These shares will rank equally with the existing ordinary shares of the Company. Application has been made for these ordinary shares to be admitted to trading on AIM ("Admission"), which is expected to become effective on or around 28 September 2010. Mr Vaze's total beneficial interest in the Company following Admission will be 397,500 Ordinary Shares, representing approximately 1.59 per cent. of the issued share capital of NetDimensions.

 

Following Admission the total number of ordinary shares in issue will be 25,078,576 with a nominal value of US$ 0.001 each ("Ordinary Shares"), with voting rights. The Company does not hold any Ordinary Shares in Treasury.

 

Therefore, the total number of Ordinary Shares with voting rights will be 25,078,576. There are no shares held in treasury.

The above figure of 25,078,576 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.

 

Enquiries:

 

NetDimensions

Jay Shaw

Clarence Wu

+852 2122 4500

[email protected]

Arden Partners

(Nomad & Broker)

 

 

Fred Walsh

Matthew Armitt

+44 (0) 20 7614 5917

[email protected]

[email protected]

 

Walbrook PR

(Financial PR)

 

Paul McManus

+44 (0) 20 7933 8787

+44 (0) 7980 541 893

[email protected]

 

 

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