25th Feb 2008 16:52
2 ergo Group plc25 February 2008 Immediate release: 25 February 2008 2ergo Group plc ('2ergo' or 'the Company') Issue of Shares The Company has applied to AIM for the admission of 224,505 Ordinary Shares of 1pence each ('the New Shares') pursuant to the exercise of share options in theCompany. The New Shares will rank pari passu in all respects with the existingshares in issue. Trading of the New Shares on AIM is expected to commence on 28February 2008. As part of the above exercise of options, David Traynor has acquired and then disposed of 66,650 Ordinary Shares in the Company. The exercise price for the options was £0.2188 each and the shares were sold for £1.73 each. Following this transaction Mr Traynor's beneficial interest remains at 1,178,212 shares, representing 3.85% of the Company's issued share capital. The total number of shares in issue following this allotment will be 30,633,838. -ends- For further information, please contact: 2ergo Group 01706 221 777Jill Collighan, Finance Director Tavistock Communications 020 7920 3150Lulu Bridges/Andrew Dunn This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
MXCP.L