21 Apr 2011 15:44
21 April 2011
GLOBO PLC
("Globo" or "the Company")
Exercise of Warrants
The Board of Globo plc (LSE:AIM: GBO) announces today that an application has been made for the admission of 647,488 new ordinary shares of 1 pence each ("New Ordinary Shares") to trading on AIM. Dealing is expected to commence on 4 May 2011.
The new ordinary shares have been issued and allotted pursuant to the exercise of Warrants, at an exercise price of 15p, in respect of a total of 449,988 New Ordinary shares and 10p, in respect of a total of 197,500 New Ordinary Shares, and will rank pari passu in all respects with the existing issued share capital of the Company.
Following the above Mr Brett Miller, Non Executive Chairman, who opted to exercise 197,500 Warrants at an exercise price of 10p, is interested in the following:
No. of Ordinary Shares | Percentage of issued share capital | No. of Warrants (exercisable at 20p) | |
Brett Miller | 731,500 | 0.25 | 1,305,895 |
Following admission of these new ordinary shares, the Company's issued share capital will comprise 290,645,243 ordinary shares of 1 pence each.
END
Contact:
Globo plc | |
Costis Papadimitrakopoulos, CEO | + 30 210-646-6008 |
Dimitrios Gryparis, Finance Director | |
Daniel Stewart & Company Plc (Nomad & Broker) | |
Antony Legge/Noelle Greenaway/Chris Theis | + 44 20-7776-6550 |
Bankside Consultants (PR) | |
Simon Bloomfield/James Irvine-Fortescue | + 44 20-7367-8888 |