10th Apr 2014 10:03
10 April 2014
InterQuest Group plc
("InterQuest" or "the Company")
Director shareholding and Exercise of Options
InterQuest Group plc (AIM: ITQ.L), the specialist recruitment group, was notified on 9 April 2014 that on that date, Gary Ashworth, Executive Chairman of the Company, sold 250,000 ordinary shares in InterQuest at a price of £1.00 per share. Following this transaction, Gary Ashworth is interested in 12,509,912 ordinary shares in the Company representing approximately 36.7% of the Company's current issued share capital.
In addition, the Company announces that, following the exercise of options under the Company's Long Term Incentive Plan, 90,000 ordinary shares of 1 pence each in the Group have been issued and allotted.
Accordingly, application has been made for the 90,000 new ordinary shares to be admitted to trading on AIM and it is expected that admission will take place on 16 April 2014.
The new ordinary shares will rank pari passu with the existing shares of the Company. Following this allotment, the total issued share capital of InterQuest will be 34,144,432 ordinary shares. The Company currently holds 4,000 Ordinary Shares in treasury which do not carry voting rights and therefore the total number of voting rights in the Company is 34,140,432.
For further information please contact:
InterQuest Group plc 020 7025 0100
Gary Ashworth, Executive Chairman
Michael Joyce, Finance Director
Charles Stanley Securities 020 7149 6000
Marc Milmo
Karri Vuori
Related Shares:
InterQuest Group