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Exercise of options

12th May 2014 12:59

RNS Number : 8572G
K3 Business Technology Group PLC
12 May 2014
 



 

 

 

KBT

 

 

K3 BUSINESS TECHNOLOGY GROUP PLC

 

("K3" or "the Company")

 

Exercise of Options

 

 

K3 announces that application has been made for the admission to trading on AIM ("Admission") of a total of 16,590 new ordinary shares of 25p each ("Ordinary Shares" and the "New Ordinary Shares") in the Company following the exercise of 7,500 share options by an employee under the K3 Business Technology Group Executive Share Option Scheme 2000 and the exercise of 9,090 share options by three employees under the K3 Business Technology Group Savings Related Share Option Scheme 2010.

 

The new Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares of the Company. Admission is expected to be effective from 16 May 2014. Following Admission, the total issued share capital of the Company will be 31,718,452 Ordinary Shares of 25p each. The Company holds no Ordinary Shares in treasury.

 

 

For further information:

K3 Business Technology

David Bolton, Chief Executive Officer

T: 0161 876 4498

Group plc

Brian Davis, Chief Finance Officer

finnCap Limited (NOMAD)

Julian Blunt / Henrik Persson

T: 020 7220 0500

KTZ Communications

Katie Tzouliadis / Deborah Walter

T: 020 3178 6378

 

 

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