10th Oct 2007 11:31
Revenue Assurance Services PLC10 October 2007 10 October 2007 REVENUE ASSURANCE SERVICES PLC (THE "COMPANY") ISSUE OF EQUITY/DIRECTOR DEALINGS The Company announces that, following, inter alia, the exercise of certainoptions, awards and warrants to acquire ordinary shares of 25 pence in thecapital of the Company ("Ordinary Shares") on 9 October 2007, it has accordinglyallotted an aggregate of 4,887,056 new Ordinary Shares (the "New OrdinaryShares") credited as fully paid and ranking pari passu with the existingOrdinary Shares in issue. 3,550,000 of the New Ordinary Shares were beneficially acquired by Simon Beartand William Good, both executive directors of the Company. Further details ofthese interests are set out in the appendix to this announcement. In addition, one New Ordinary Share was allotted to Spice PLC in connection withthe proposed scheme of arrangement under section 425 of the Act (the "Scheme")to effect the acquisition of the Company by Spice PLC. Application will not be made to London Stock Exchange plc for the New OrdinaryShares to be admitted to trading on AIM following the suspension of trading inthe Ordinary Shares earlier today in connection with the Scheme, which isexpected to become effective on 12 October 2007. Relevant Securities in Issue In accordance with Rule 2.10 of the City Code on Takeovers and Mergers, RevenueAssurance Services plc confirms that it has 49,996,512 ordinary shares of 25pence each in issue. The International Securities Identification Number forthese shares is GB0001592251. FOR FURTHER INFORMATION, PLEASE CONTACT: Revenue Assurance Services plc: William Good, Group Finance Director 01483 735700 Cenkos Securities plc: Simon Southwood 020 7397 8900 Appendix Interests in Ordinary Shares acquired Simon Beart Scheme Date of grant Exercise price (p) Number of ordinary Shares beneficially acquired Warrants 10 July 1998 120 150,000Warrants 10 July 1998 112.5 500,000Warrants 24 February 2004 95 350,000Long Term Incentive Plan 9 September 2005 Nil 1,500,000 Total 2,500,000 William Good Scheme Date of grant Exercise price (p) Number of ordinary Shares beneficially acquired Long Term Incentive Plan 9 September 2005 Nil 900,000Unapproved Executive Share 20 January 2004 95 150,000Option Scheme Total 1,050,000 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Spire Healthcare