21st Jun 2010 07:00
London Capital Group Holdings plc
("London Capital" or the "Company")
Issue of jointly held shares
The Company announces that on 18 June 2010, pursuant to a Joint Share Ownership Plan ("JSOP"), the following directors of the Company have acquired a total of 700,000 new ordinary shares of 10 pence each in London Capital ("Ordinary Shares"), which they hold jointly with an employee benefit trust. Under these arrangements, each participant will benefit from growth in value of an Ordinary Share above 157 pence per share:
|
Director |
Jointly held shares |
No. of jointly held shares subsequent to award |
No. of shares in Company in which Director has a beneficial interest |
|
|
|
|
|
|
Amanda Shields |
500,000 |
500,000 |
500,000 |
|
Siobhan Moynihan |
200,000 |
200,000 |
200,000 |
The participants under the JSOP can only realise value from their JSOP shares after 17 June 2013. The Company has allotted 820,000 new ordinary shares pursuant to the JSOP. Application has been made for these shares to be admitted to trading on AIM. Trading is expected to commence on AIM on 24 June 2010. Following the issue and allotment of these new Ordinary Shares, the issued share capital of the Company will be 39,809,228 Ordinary Shares.
|
For further information, please contact: |
www.londoncapitalgroup.com |
|
|
|
|
London Capital Group Holdings plc |
020 7456 7000 |
|
Siobhan Moynihan, Group Finance Director |
|
|
|
|
|
Smithfield Consultants |
020 7360 4900 |
|
John Kiely, Gemma Froggatt
Cenkos Securities plc Nick Wells |
020 7397 8900 |
|
|
|
Related Shares:
London Capital Group Holdings