23rd Jul 2008 16:19
Motivcom plc
("the Company")
Exercise of Options and Issue of Shares
Motivcom has today issued and allotted 31,381 ordinary shares of 0.5 pence each following the exercise of options in its 2005 Inland Revenue Approved Savings Related Share Option Scheme for employees.
Application to the London Stock Exchange has been made for these new ordinary shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective on 29 July 2008.
The new ordinary shares will rank pari passu with the existing ordinary shares of the Company.
Following the issue of these shares the Company has 29,123,841 fully paid ordinary shares in issue, excluding the 1,980,000 ordinary shares held in Treasury.
For further information please contact:
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Motivcom plc |
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Sue Hocken, Finance Director |
Tel: +44 (0)1908 352007 www.motivcom.com |
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Grant Thornton Corporate Finance |
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Philip Secrett/Daniela Amihood |
Tel: +44 (0)207 383 5100 www.gtuk.com |
Related Shares:
MCM.L