29th Jan 2010 11:19
29 January 2010
Nature Group Plc
("Nature" or the "Company")
Issue of Equity and Directors' Shareholdings
Nature Group Plc, a provider of port reception facilities and waste water treatment solutions for the oil, marine and process industries, is pleased to announce that, pursuant to the exercise of executive staff options, it has today issued 450,000 new ordinary shares of 0.2 pence each. The exercise price of the options was 12 pence per share.
Application has been made to the London Stock Exchange for the shares to be admitted to trading on AIM. These new ordinary shares will rank pari passu with the Company's existing issued ordinary shares. Dealings are expected to commence at 8:00 a.m. on 1 February 2010.
The following directors' interests have changed as a result of the issue of equity:
Nigel Sandy, a director of the Company, has taken up and subscribed for his option entitlement of 125,000 shares at 12 pence per share.
Peter Snell, a director of the Company, has acquired 50,000 shares at a price of 21 pence per share.
Accordingly, these directors' shareholdings are now:
|
Director |
Number of shares |
% |
Options outstanding |
|
Peter Snell* |
772,000 |
1.96% |
125,000 |
|
Nigel Sandy |
212,500 |
0.54% |
0 |
*Peter Snell is also interested in 350,000 ordinary shares (0.89%) held by House of Italy Limited, a company in which he is a minority shareholder.
Following the issue of these shares, the Company's total issued ordinary share capital will be 39,310,155 ordinary shares of 0.2 pence. The percentages in the above table are based on this increased issued capital.
For further information, please contact:
|
Richard Eldridge |
Nature Group Plc |
01841 533611 |
|
Darren Laguea |
Nature Group Plc |
(350) 200 73905 |
|
Antony Legge / Avi Robinson |
Astaire Securities Plc |
020 7448 4400 |
|
Chris Steele / Trevor Phillips |
Hermes Financial PR |
07979 604687 |
Related Shares:
Nature Group