15th Sep 2015 07:00
HML Holdings plc
(the "Company")
Exercise of Options and Director Dealing
HML Holdings plc (AIM: HMLH), a leading provider of property management, insurance and ancillary services to residential property blocks, announces the issue of 685,100 ordinary shares of 1.5 pence each in the capital of the Company ("Ordinary Shares") on 14 September 2015 which have been allotted pursuant to the exercise of employee and director share options.
Application has been made for 685,100 new Ordinary Shares to be admitted to trading on AIM ("Admission") and dealings are expected to commence on 18 September 2015. The new Ordinary Shares will rank pari passu with the Company's existing ordinary Shares.
The following share options were exercised by Directors:
Name | Number of options | Exercise price |
Robert Plumb | 125,000 | 17p |
James Howgego | 137,500 | 17p |
Geoffrey Griggs | 107,500 | 17p |
Following the exercise of options Geoffrey Griggs sold 82,500 at a price of 40 pence per ordinary share. The Directors resultant holdings are as follows:
Name | Total holding | % of Company's issued share capital |
Robert Plumb | 2,454,067 | 6.4% |
James Howgego | 1,487,500 | 3.9% |
Geoffrey Griggs | 497,167 | 1.3% |
The total number of Ordinary Shares in issue following Admission will be 38,098,096. Accordingly, the figure of 38,098,096 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interests in, or a change to their interest in the Company under the FCA's Disclosure and Transparency Rules.
For further information, please contact:
http://www.hmlholdings.com
HML Holdings plc Tel: 020 8439 8529
Robert Plumb, Chief Executive Officer
James Howgego, Chief Financial Officer
finnCap Tel: 020 7220 0500
Jonny Franklin-Adams/ Giles Rolls - corporate finance
Mia Gardner - corporate broking
Tavistock Communications Group Tel: 020 7920 3150
James Verstringhe/Jeremy Carey
Related Shares:
HMLH.L