10th Dec 2012 15:59
FOR IMMEDIATE RELEASE 10 December 2012
GLOBO Plc ("Globo" or the "Company")
Directors' Dealings and Exercise of Options and Warrants
The Board of Globo plc (LSE-AIM: GBO) announces today that an application has been made for the admission of 4,939,895 new ordinary shares of 1 pence each ("New Ordinary Shares") to trading on AIM. Admission is expected to take place on 14 December 2012.
The new ordinary shares have been issued and allotted pursuant to the exercise of 1,105,895 warrants at an exercise price of 20 pence, 2,114,000 options at an exercise price of 12.5 pence and 1,720,000 options at an exercise price of 20 pence, and will rank pari passu in all respects with the existing issued share capital of the Company.
Following the above, the directors Mr Papadimitrakopoulos, Mr Bonanos and Mr Gryparis who have each opted to exercise 100,000 options today at an exercise price of 20 pence and will keep the shares, will be interested in the following:
Director | Existing shareholding in the Company: | % of current issued share capital: | Number of new shares following exercise of options: | Shareholding in the Company after exercise: | % of enlarged issued share capital after exercise: |
Konstantinos Papadimitrakopoulos | 68,249,135 | 20.54% | 100,000 | 68,349,135 | 20.26% |
Gerasimos Bonanos | 50,000 | 0.02% | 100,000 | 150,000 | 0.04% |
Dimitris Gryparis | 50,000 | 0.02% | 100,000 | 150,000 | 0.04% |
Following admission of these new ordinary shares, the Company's issued share capital will comprise 337,288,261 ordinary shares of 1 pence each.
END
CONTACTS
Globo plc | +44 207-378-8828 |
Costis Papadimitrakopoulos, CEO | |
Dimitris Gryparis, Finance Director | |
RBC Capital Markets (Nominated Adviser and Broker) Stephen Foss / Pierre Schreuder / Daniel Conti | +44 20-7653-4000 |
Bankside | +44 20-7367-8888 |
Simon Bloomfield James Irvine-Fortescue |
Related Shares:
GBO.L