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Issue of Equity

11th May 2009 15:27

RNS Number : 0451S
Tarsus Group PLC
11 May 2009
 

TARSUS GROUP PLC

(the "Company")

11 May 2008

Tarsus Group plc announces that it has today issued a total of 219,748 new ordinary shares as follows:-

Scrip Dividend Alternative

Elections under the Scrip Dividend Alternative were received from 88 shareholders in respect of 3,358,617 ordinary shares of 5p each in the Company (representing approximately 5.4 per cent. of the current issued ordinary share capital of the Company) and, as a result, the Board of the Company has allotted 144,748 new Ordinary Shares. These new ordinary shares will rank pari passu in all respects with the existing ordinary shares. 

Payments of £1,460,418.08 in aggregate will be made on 11 May 2009 in respect of the Dividend to those shareholders who have made elections under the Company's Dividend Access Plan and payments of £772,565.51 in aggregate (subject where appropriate to Irish Withholding Tax) will be made on 11 May 2009 in respect of the Dividend to those shareholders who did not make an election under the Dividend Access Plan or under the Scrip Dividend Alternative.

Option Exercises

The Board of the Company has issued 75,000 new ordinary shares on the exercise of certain share options.

New issued share capital

The total number of ordinary shares in issue following the allotment of all of the new ordinary shares referred to above will be 62,212,671.

Directors' Shareholdings

Roger Pellow elected to take the Scrip Dividend Alternative in respect of the ordinary shares already held by him as notified to the Company today. Following the allotment of the 1,026 new ordinary shares, he is interested in 20,080 shares representing approximately 0.03 per cent. of the Company's new issued share capital.

Application will be made for the admission of the 219,748 new ordinary shares referred to above to the Official List and to the London Stock Exchange's market for listed securities and dealings are expected to commence on 15 May 2009.

Enquiries:

Peter Begg, Company Secretary, 020 8846 2705

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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