23rd Jan 2013 07:00
23 January 2013
DDD GROUP PLC
OFFICER EXERCISE & BLOCK LISTING APPLICATION
Officer's Dealing
DDD Group plc (AIM: DDD, OTCQX: DDDGY, the "Company"), the 3D solutions company, announces that on 22 January 2013 Dr. Julien Flack, Chief Technology Officer of the Company, exercised options over 150,000 ordinary shares of 1p each in the Company (the "Ordinary Shares") at an exercise price of 10p per share (together the "Option Exercise"). Dr. Flack sold 67,660 of the Ordinary Shares to cover the costs of the transaction at an average price of 22.26p per share. Following the Option Exercise and sale, Dr. Flack's interest in the Company stands at 105,843 Ordinary Shares or approximately 0.1% of the issued ordinary share capital and total voting rights in the Company.
Dr. Flack's shares are part of the block admission that was announced on 12 June 2012 and admitted to AIM on 18 June 2012.
Block Listing Application
DDD Group plc announces that an application has been made today in respect of a block listing of 200,000 ordinary shares of 1p each in the Company (the "Block Listing Shares") to be admitted to trading on AIM.
The Block Listing Shares represent approximately 0.1% of the current issued share capital of the Company and will be available to satisfy the exercise of options over Ordinary Shares that were granted under the 4 December 2009 share option plan with an exercise price of 13.9p.
On exercise, these shares will rank pari passu with the existing issued ordinary shares of the Company. Application has been made to the London Stock Exchange for admission to trading on AIM in respect of the 200,000 Block Listing Shares ("Admission"). It is expected that such admission will become effective on 28 January 2013.
Enquiries
DDD Group Chris Yewdall, President & CEO Victoria Stull, Chief Financial Officer | +1 310 566-3340 |
Canaccord Genuity (UK Nomad) Simon Bridges | +44 (0) 207 523 8000 |
College Hill (UK IR) Kay Larsen / Adrian Duffield | +44 (0) 207 457 2020 |
Berns & Berns (US PAL) Michael Berns, Esq. | +1 212 332 3320 |
Related Shares:
DDD.L