9th Oct 2015 07:00
Styles&Wood Group PLC
(the "Group")
Issue of equity and Director/PDMR shareholding
The Group announces that it has, today, made an application to the London Stock Exchange for the admission to trading on AIM of 31,436 new ordinary shares of 1p each ("New Shares") to satisfy the exercise of nil cost options by Tony Lenehan, Chief Executive Officer and Philip Lanigan, Group Finance Director and certain other senior employees granted under the Group's Performance Share Plan.
The New Shares are expected to be admitted to trading on AIM on 15 October 2015.
Director | Existing shareholding | Number of options exercised | Sale of shares | Resultant shareholding | Resultant shareholding (%) |
Tony Lenehan | 20,000 | 8,847 | 4,159 | 24,688 | 0.35 |
Philip Lanigan | 5,000 | 7,413 | - | 12,413 | 0.18 |
On admission of the New Shares the Group's share capital and total voting rights will comprise of 7,077,585 ordinary shares of 1p each. The Group does not hold any shares in treasury. Consequently, 7,077,585 is the figure which may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the Group under the FCA's Disclosure and Transparency Rules.
For further information please contact:
Styles & Wood Group plc Tony Lenehan, Chief Executive Officer Philip Lanigan, Group Finance Director | Tel 0161 926 6000 |
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Shore Capital Pascal Keane/ Edward Mansfield | Tel 0207 408 4090 |
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FTI Consulting Oliver Winters/ James Styles | Tel 0203 727 1535 |
Related Shares:
Styles & Wood Group