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22 Jul 2009 18:16
MATCHTECH GROUP ("the Company")
22 July 2009
The Matchtech Group plc Share Incentive Plan ("SIP")
The Company announces that application has been made for the admission to trading on AIM ("Admission") of 5,856 ordinary shares of 1p each in the Company ("Shares"), for the purpose of satisfying the matching element of Shares purchased by eligible employees (including executive directors) under the SIP for the current month.
The SIP has been approved by HM Revenue & Customs as a share incentive plan under Schedule 8 to the Finance Act 2000, and following this transaction the Trustee will hold 183,310 Shares, all of which are held on behalf of eligible employees pursuant to the terms of the SIP.
Admission is expected to take place on 28 July 2009, at which time the Company shall have 23,272,980 Shares in issue with voting rights, which figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Service Authority's Disclosure and Transparency Rules.
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