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18 Aug 2009 10:25
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18 August 2009
The Conygar Investment Company PLC
Exercise of OptionsΒ by a Director
The Conygar Investment Company PLC ("the Company") advises that onΒ 17 August 2009Β Robert Ware,Β Chief Executive,Β exercised options over 625,000Β ordinary 5p shares in the CompanyΒ (the "Shares")Β under the Company's Executive Director share option schemeΒ at a price of 50 pence per Share.
Following this transaction,Β Mr. Ware'sΒ holding in theΒ Company is now 3,725,000Β Shares representingΒ 8.81% of the total voting rights.
Application has been made to AIM for admission ofΒ 625,000 Shares. TheseΒ Shares will rank pari passu in all respects with the existing shares in issue. Admission is expected to become effective onΒ 21 August 2009.
Enquiries:
The Conygar Investment Company PLC
Robert Ware: 020 7408 2322
Peter Batchelor: 020 7408 2322
Oriel Securities Limited (Nominated Adviser)
Michael Shaw/James Nevin: 020 7710 7600
The directors of Conygar accept responsibility for the information contained in this announcement. The best of the knowledge and belief of the directors of Conygar (who have taken all reasonable care to ensure that such is the case) the information contained in this announcement is in accordance with the facts and does not omit anything likely to affect the import of such information.
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