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Issue of warrants

18th Apr 2012 07:01

RNS Number : 5408B
Oak Holdings PLC
18 April 2012
 



18 April 2012

Oak Holdings plc

(to be renamed Pires Investments PLC)

("Oak" or the "Company")

 

Issue of warrants / directors dealing

 

The Company announces that on 17 April 2012, the board issued a warrant to subscribe for new ordinary shares in the Company to each of Mr Aamir Quraishi and Mr Peter Redmond, a part of their remuneration package. Mr Quraishi and Mr Redmond are directors of the Company.

 

The terms of the warrant are set out below:

 

Exercise price £0.001

Number of shares 1.5% of the issued share capital from time to time

 

The warrants can be exercised at any time up until 17 April 2015.

 

 

Enquiries:

 

Oak Holdings plc

Peter Redmond, Director

 

Tel: 0207 580 7576

 

Nominated Adviser

Cairn Financial Advisers LLP

Liam Murray / Avi Robinson

 

Tel: 020 7148 7900

 

Broker

Rivington Street Corporate Finance Limited

Jon Levinson / Lucy Williams

 

Tel: 020 7562 3357

 

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