25th Jun 2008 14:59
IDOX plc (the "Company" or "IDOX")
Exercise of Options
The Company announces that on 24 June 2008, Tim Bowen, a former director of the Company, exercised 1,000,000 share options at an exercise price of 10 pence per share. The total consideration received by the Company was £100,000.
The new ordinary shares to be issued pursuant to the exercise of the options will rank pari passu with all existing ordinary shares. Application will be made for admission of the new ordinary shares to trading on AIM, a market operated by the London Stock Exchange, and dealings are expected to commence on 1 July 2008.
The new ordinary shares referred to are ordinary shares of 1 pence per share and the total number of shares in issue following the issue of the new ordinary shares will be 344,158,336.
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IDOX |
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Martin Brooks, Chairman |
020 7332 6000 |
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Richard Kellett-Clarke, Chief Executive |
020 7332 6000 |
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College Hill |
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Adrian Duffield/Carl Franklin |
020 7457 2020 |
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Noble & Company Limited |
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Matthew Hall/ Nick Athanas |
020 7763 2200 |
Related Shares:
Idox Group