20th Feb 2007 18:27
Z Group PLC20 February 2007 Z GROUP plc 20 February 2007 Director's Dealing Z GROUP plc ("the Company") announces that it today received notification fromJonathan Slater (Executive Director) for the exercise of options (the "OptionsExercise") over ordinary shares of 5 pence each in the Company ("Ordinary Shares") under the Company's EMI scheme. The Company received £3,000 in proceedsfrom the Options Exercise and subsequently Mr. Slater sold 60,000 of the newOrdinary Shares arising as a result of the Options Exercise, representing 0.25per cent. of the Company's issued share capital, to fund the immediate and fullrepayment of a £25,000 loan between Mr. Slater and Z GROUP plc (the "Loan").This Loan was granted to Mr. Slater on 28 June 2005 and pre-dated hisappointment as a director of the Company. Following the Exercise and share sale, Mr Slater's beneficial interest in theshare capital of the Company is as follows: Director Shares under Options Exercise price Number of Total remaining Resultant share option as at exercised per share (pence) Ordinary Shares shares under holding 20/02/07 sold at 47 option as at following 20/02/07 pence each 20/02/07 Exercise and share sale J Slater 527,444 60,000 5 60,000 467,444 Nil Application has been made for the 60,000 new Ordinary Shares to be admitted totrading on AIM and dealings are expected to commence on 26 February 2007. Following admission, the total issued share capital of the Company has increasedto 23,745,879 Ordinary Shares. Enquiries: Z GROUP plcJack Bekhor/Jamie True,Joint Chief Executive Officers08700 111 173 Catullus ConsultingAlex Mackey020 7736 2938 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
1Spatial Holdings