30th Jun 2011 12:03
| Date: | 30 June 2011 |
| On behalf of: | Cupid plc ('Cupid', the 'Company' or the 'Group') |
| For immediate release |
Cupid plc
Exercise of Options by Director and Total Voting Rights
Cupid (AIM: CUP), the online dating company, announces that pursuant to the exercise of options under its 2009 Share Option Plan, it has issued 398,600 ordinary shares of 2.5p each in the Company ("Ordinary Shares") to Martin Higginson, Non Executive Director, all at an exercise price of 3p per share. Following this transaction, Mr. Higginson now beneficially owns 399,200 shares in Cupid, representing 0.49 per cent. of the issued share capital of the Company.
The Company's issued share capital consists of 80,776,241 ordinary shares with voting rights. The Company does not hold any shares in Treasury.
Therefore, the total number of voting rights in the Company is 80,776,241.
The above figure (80,776,241) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest, to the Company under the FSA's Disclosure and Transparency Rules.
For further information please contact:
Cupid plc | Tel: +44 (0)131 220 1313 |
Bill Dobbie, CEO Mark Doughty, CFO | |
Peel Hunt LLP (Nominated Adviser and Broker) | Tel: +44 (0)207 418 8900 |
Richard Kauffer Daniel Harris | |
Redleaf Polhill | Tel: +44 (0)207 566 6720 |
Henry Columbine Luis Mackness | cupid@redleafpr.com |
Notes to Editors
§ Cupid plc listed on AIM in June 2010 and is a leading provider of online dating services
§ Cupid has built a base of over 23 million members in 39 countries (those countries with over 1,000 members), with a growing proportion of members coming from outside of the United Kingdom.
§ Cupid offers a wide variety of online dating services allowing members to interact with each other and access the content
available on the Group's websites. These websites are intended to appeal to dating users of diverse ages, cultures and social
interest groups. The Group's most heavily visited websites include www.cupid.com, www.flirt.com, www.benaughty.com,
www.girlsdateforfree.com and www.datetheuk.com. The Group also promotes the niche brands www.datingforparents.com,
www.indiandating.com and www.maturedating.co.uk.
§ The majority of services are also available via Apple and Android App Stores for mobile users as well as through their own Facebook apps - eg. http://apps.facebook.com/cupidcom and http://apps.facebook.com/benaughtynow.
§ Further information on the Company can be found at www.cupidplc.com.
Related Shares:
IDE.L