9th Jun 2008 11:27
UPDATED NUMBER OF ORDINARY SHARES IN ISSUE As required by AIM regulations, Rambler Media Limited ("Rambler Media" or "theCompany"), operating one of Russia's most popular internet brands, wishes toprovide the investment community with the updated number of Rambler Mediaordinary shares currently in issue to enable shareholders to calculate theirshareholdings accurately. The Company's issued share capital currently comprises15,397,649 ordinary shares. In addition, the Company wishes to provide detailsof share options which were exercised in 2006 and 2007 and have resulted in theincreased number of ordinary shares in issue. In 2006, share options representing the right to acquire 295,973 ordinary sharesof US$0.01 each in the Company at a weighted average exercise price of US$4.28per ordinary share were exercised and the shares were immediately issued. Additionally, in 2007, share options representing the right to acquire 125,945ordinary shares of US$0.01 each in the Company at a weighted average exerciseprice of US$15.17 per ordinary share were exercised and the shares wereimmediately issued bringing the issued share capital to 15,397,649 ordinaryshares of US$0.01 each (2006, 15,271,704). As part of the above exercises, Robert Mott Brown III, a director of theCompany, gave notice to the Company on 18 January 2007 that he wished toexercise his options to acquire 21,876 ordinary shares of US$0.01 each in theCompany at an exercise price of US$8 per share. Accordingly 21,876 ordinaryshares were subsequently issued. As part of the above exercises, Irina Gofman, a former director of the Company,through Ethereal Limited, gave notice to the Company on 23 November 2006 thatshe wished to exercise her options to acquire 112,840 ordinary shares of US$0.01each in the Company at an exercise price of US$6.58 per share. Accordingly112,840 ordinary shares were subsequently issued. As part of the above exercises, James Mullins, a former director of the Company,through Dansean Limited, gave notice to the Company in 2006 that he wished toexercise his options to acquire 70,101 ordinary shares of US$0.01 each in theCompany at an exercise price of US$2.75 per share. Accordingly 70,101 ordinaryshares were subsequently issued. Application has been made for the 421,918 ordinary shares created as a result ofthe exercise of these options to be admitted to AIM. Such admission is expectedto be effective on or about 12 June 2008. The shares in issue and details of award and exercise of options in thisannouncement are consistent with the disclosure in the Company's 2007 annualreport. *** For further information, please visit www.ramblermedia.com or contact: \* TRambler Media Shared Value LimitedMark Opzoomer Nicolas DuperrierTel. +7 495 500 3826 Tel. +44 (0) 20 7321 5010 [email protected] ING Wholesale BankingDaniel Friedman / Francis MooreTel. +44 (0) 20 7767 1000\* T *** ABOUT RAMBLER MEDIA Rambler Media is an internet media and services group which operates or hasinterests in leading Russian language internet brands including the originalRussian internet homepage and search engine 'Rambler.ru', on-line newspaper'Lenta.ru', product comparison website 'Price.ru', internet catalogue andnavigation system 'Top 100', instant messaging service 'Rambler-ICQ', digitaladvertising agency 'Index20' and contextual advertising company 'Begun'. RamblerMedia's shares are traded on AIM, the junior market of the London Stock Exchangeunder the symbol 'RMG'. For more information on Rambler Media, visit ourcorporate website at www.ramblermedia.com. Copyright Business Wire 2008Related Shares:
RMG.L