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Share Options, Directors Dealing and TVR

7th May 2014 18:14

RNS Number : 5323G
Netplay TV PLC
07 May 2014
 

Date:

7 May 2014

On behalf of:

NetPlay TV plc ('the Company', 'the Group' or 'NetPlay')

For immediate release

NetPlay TV plc

 

 

Exercise of Share Options, Directors Dealing and

 Total Voting Rights

 

NetPlayTV plc (AIM:NPT), the interactive gaming company, announces that on 7 May 2014 Charles Butler, Chief Executive Officer, exercised options over 1,500,000 new ordinary shares of 1p each ("Ordinary Shares") at an exercise price of 4.28 pence per share.

 

Following the option exercise, Charles Butler sold 1,500,000 Ordinary Shares on 7 May 2014 at a price of 17.25 pence per share.

 

Charles Butler's resultant holding remains 3,000,000 Ordinary Shares (representing 1.01% of the Company's issued share capital as at 21 May 2014) plus 4,486,232 vested options over ordinary shares.

 

The Company also announces that on 7 May 2014 Akshay Kumar, Group Finance Director, exercised options over 166,667 Ordinary Shares at an exercise price of 11.875 pence per share. As a result Akshay Kumar is interested in 227,067 Ordinary Shares (representing 0.08% of the Company's issued share capital as at 21 May 2014).

 

In addition the Company has issued 125,500 Ordinary Shares as a result of the exercise of employee share options. Therefore in aggregate, application has been made for 1,792,167 Ordinary Shares each in the Company to be admitted to trading on AIM on 21 May 2014. The new Ordinary Shares will, when issued, rank pari passu with the existing Ordinary Shares in issue.

 

 

Total Voting Rights

Following the issue of the 1,792,167 new Ordinary Shares on 21 May 2014, the Company will have a total of 295,875,422 Ordinary Shares in issue and one voting right per Ordinary Share.The above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.The above information is provided by the Company in accordance with its obligations under the FSA's Disclosure and Transparency Rules.

 

Enquiries:

NetPlayTV plc

www.NetPlayTVplc.com

Charles Butler, Chief Executive Officer /

Akshay Kumar, Group Finance Director

Via Redleaf

 

 

Redleaf Polhill

Rebecca Sanders-Hewett / Jenny Bahr / Rachael Brown

Tel: 020 7382 4730

[email protected]

 

N+1 Singer (Nominated Adviser and Broker)

 

Tel: 020 7496 3000

Jonny Franklin-Adams/ Jen Boorer

 

Notes to Editors:

About NetPlayTV plc

 

NetPlayTV plc is admitted to trading on the AIM market of the London Stock Exchange (NPT). NetPlayTV operates a number of interactive gaming services under an Alderney gaming license, including SuperCasino.com, Jackpot247.com and Vernons.com. Its TV services can also be viewed 24 hours a day live on Sky Channel 862, six nights a week on ITV1, and every evening on Channel 5.

 

The Company is focused on the delivery of a converged interactive gaming experience allowing its players to interact with its games on a variety of platforms, TV, internet, mobile and tablet from a common integrated wallet.

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