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Directors' Dealings

21st Jul 2009 14:48

RNS Number : 0368W
Spark Ventures PLC
21 July 2009
 



SPARK Ventures PLC

Directors' Dealings

SPARK Ventures plc ("SPARK" or the "Company") announces that three directors of the Company have today purchased ordinary shares of 2.5p each in SPARK ("Shares") by exercising share options originally granted to them under the NewMedia SPARK plc 2001 share option scheme. These share options are over existing Shares in issue held by the NewMedia SPARK Employee Benefit Trust.

Details of the options exercised are as follows:

Name of Director

Andrew

Carruthers

Michael

Whitaker

Thomas Teichman

Number of options exercised

1,280,000

840,000

840,000

Price paid per Share

2.5p

2.5p

2.5p

Number of Shares held after exercise

6,587,240

19,720,551

15,569,138

% of Shares in issue held after exercise

1.60%

4.80%

3.79%

Since no new Shares are being issued in connection with the above dealings, there is no change in the total issued share capital of the Company.

For further information:

SPARK Ventures plc

Andrew Betton 

Finance Director & Company Secretary

020 7851 7777 

Collins Stewart Europe Limited

(Nomad)

Hugh Field

Stewart Wallace

020 7523 8350

21 July 2009

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