GlobalData Regulatory News (DATA)

3 Apr 2007 17:24

Datacash Group PLC03 April 2007 3 April 2007 DataCash Group plc ("DataCash" or the "Company") Director shareholding Under the terms of the top-up rights contained within the acquisition agreementbetween DataCash and Proc Cyber Services (UK) Limited, each time one of theCompany's existing share options (which existed at the time of the acquisition)is exercised, Ashley Head, non-executive chairman of the Company, is entitled tosubscribe for the equivalent number of new shares at the same price as theexercise price of the option exercised. The Company has been notified today by Mr Head that he has subscribed for thefollowing shares at the following prices: Number of Exercise price Number of shares subscribed for by Subscriptionshares (p) Mr Head price 37,500 26.58 pence 37,500 26.58 pence 28,500 41.66 pence 28,500 41.66 pence 100,000 24.50 pence 100,000 24.50 pence 25,000 53.75 pence 25,000 53.75 pence Pursuant to subscribing for these shares Mr Head is beneficially interested in45,622,901 shares representing 50.00 per cent. of the issued share capital ofthe Company. There remain options over 771,594 DataCash shares. Mr Head has rights tosubscribe for further new shares as and when these options are exercised. Pleasenote the announcement on 21 March stated the number of options outstanding was709,790, which was incorrect. Enquiries Keith Butcher, Commercial Director 0870 727 4761 END This information is provided by RNS The company news service from the London Stock Exchange