6th Nov 2009 07:00
PROACTIS Holdings PLC
("Proactis" or "the Company")
Exercise of Options
Issue of Equity
PROACTIS Holdings PLC (AIM: PHD), the specialist Spend Control software company, announces that, following receipt of notice of exercise of options, options have been exercised in respect of 250,000 Ordinary Shares of 10p par value (the "New Ordinary Shares") in the capital of the Company.
As a result the Company now has 31,067,833 Ordinary Shares in issue.
Application has been made for the New Ordinary Shares, which will rank pari passu with existing ordinary shares, to be admitted to trading on AIM, and admission is expected to take place on 11 November 2009.
PROACTIS Holdings PLC
Rod Jones, Chief Executive Officer Tel: 019 3754 5072
www.proactis.com
Daniel Stewart & Company plc
Simon Leathers/Stewart Dickson Tel: 020 7776 6550
www.danielstewart.co.uk
Notes to Editor:
Proactis creates, sells and maintains specialist software, which enables organisations to streamline, control and monitor all internal and external expenditure, other than payroll. PROACTIS is already used in over 200 organisations in the UK from the commercial, public and not-for-profit sectors
Related Shares:
PHD.L