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Spread: 0.04 (11.111%)
Market Cap: £2.15m
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Director's Share Dealing

1 Apr 2011 10:28

RNS Number : 1198E
Futura Medical PLC
01 April 2011
 



For immediate release

1 April 2011

 

 

Futura Medical plc

("Futura" or "the Company")

 

Director's Share Dealing

Futura Medical plc (AIM: FUM), the pharmaceutical group that develops innovative products for consumer healthcare, announces that Derek Martin, the Finance Director, has gifted 50,000 ordinary shares to his wife, Julie Martin, at no cost. Separately, each of Mr and Mrs Martin has today sold 50,000 new ordinary shares in the Company at a price of 64p per share.

In a correction to the Company's announcement of 25 March 2011, the exercise price for the options was 41.75p rather than the 43p stated in the release.

Following the transactions, Mr Martin's beneficial and non-beneficial holding in ordinary shares in the Company for the purposes of the AIM Rules for Companies will be 125,000 ordinary shares, representing 0.17% of the Company's share capital.

 

For any further information please contact:

 

Futura Medical plc

 

James Barder, Chief Executive

 

Tel: +44 (0)1483 685 670

mail to: james.barder@futuramedical.com

www.futuramedical.com

 

 

 

Nomura Code Securities Limited

 

Phil Walker / Giles Balleny

Tel:+44 (0)20 7776 1200

 

 

 

For media enquiries please contact:

 

 

 

Buchanan Communications

 

Mark Court / Jessica Fontaine

Tel: +44 (0)20 7466 5000

 

 

Notes to Editors

 

Futura Medical plc

 

Futura Medical is a pharmaceutical group that develops innovative products for consumer healthcare. The Company is developing a portfolio of products and its strategy is to license their manufacture and distribution to major pharmaceutical and healthcare groups.

 

Futura is based in Guildford, Surrey, and its shares trade on the AIM market of the London Stock Exchange.

www.futuramedical.com

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