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Exercise of options and issue of equity

11 Jan 2016 12:09

RNS Number : 4593L
Bagir Group Ltd
11 January 2016
 

Bagir Group Ltd.

("Bagir" or the "Company")

Exercise of options

Bagir (AIM: BAGR), a designer, creator and provider of innovative tailoring, announces that it has issued and allotted 51,363 ordinary shares of NIS 0.04 each in the capital of the Company pursuant to an exercise of share options by an employee (the "New Shares").

 

An application for admission of the New Shares to trading on AIM will be submitted and trading is expected to commence on or around 15 January 2016.

 

Following the issue of the New Shares, the Company's total issued share capital will consist of 50,428,660 ordinary shares of NIS 0.04 each with one voting right per share. The Company does not hold any shares in treasury. Therefore, following the issue of the New Shares, the total number of voting rights in the Company will be 50,428,660.

 

For further information, please contact:

 

Bagir Group Ltd.

Tessa Laws, Non-Executive Chairman

Udi Cohen, Chief Financial Officer

 

+972-8-687-3917

N+1 Singer

Nic Hellyer

Alex Price

 

+44 (0)20 7496 3000

 

 

 

 

 

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