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Exercise of Warrants/Director-PDMR Shareholding

30th Jun 2011 10:22

RNS Number : 4504J
Globo plc
30 June 2011
 

GLOBO PLC

 

("Globo" or "the Company")

 

Exercise of Warrants/Director PDMR Shareholding

 

The Board of Globo plc (LSE:AIM: GBO) announces today that an application has been made for the admission of 197,500 new ordinary shares of 1 pence each ("New Ordinary Shares") to trading on AIM. Admission is expected to take place on 7 July 2011.

 

The New Ordinary Shares have been issued and allotted pursuant to the exercise of 197,500 Warrants at an exercise price of 10p per New Ordinary Share by Mr Gavin Burnell, Non Executive Director, and will rank pari passu in all respects with the existing issued share capital of the Company.

 

Following the above exercise and admission of the New Ordinary Shares, Mr Burnell is interested in the following:

 

No. of Ordinary Shares

Percentage of issued share capital

No. of Warrants

Gavin Burnell

747,500

0.26

0

 

Following admission of these New Ordinary Shares, the Company's issued share capital will comprise 290,842,743 ordinary shares of 1 pence each.

 

Contact:

 

Globo plc

Costis Papadimitrakopoulos, CEO

+30 210-646-6008

Dimitrios Gryparis, Finance Director

Daniel Stewart & Company Plc (Nomad & Broker)

Antony Legge/Noelle Greenaway/Martin Lampshire

+44 20-7776-6550

Bankside Consultants (PR)

Simon Bloomfield/James Irvine-Fortescue

+44 20-7367-8888

 

 

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