Last checked at 2 Feb 2010 15:28
2nd February 2010
Pursuit Dynamics PLC
("Pursuit" or "the Company")
Exercise of Options
Pursuit Dynamics PLC (AIM: PDX), the developer and exploiter of the PDX platform technology, announces that options have been exercised by three employees over 133,333 new ordinary shares of 1p each in the Company ("Ordinary Shares"). Application has been made to the London Stock Exchange for these shares to be admitted to trading on AIM, which is expected to take place on 5th February 2010.
Following admission, the Company will have 65,799,451 voting Ordinary Shares in issue.
For Further Information, please contact:
Pursuit Dynamics PLC
Roel Pieper, Chief Executive Tel: +44 (0)1480 422050
Donald Bell, Chief Financial Officer
Financial Dynamics Ben Foster / Marc Cohen Tel: +44 (0) 20 7831 3113
Cenkos Securities plc Ian Soanes / Max Hartley Tel: +44 (0)20 7397 8924
Mirabaud Securities LLP
Rory Scott Tel: +44 (0)207 878 3360
Notes to Editors
·; Pursuit Dynamics PLC (AIM: PDX) owns and commercialises the PDX fluid processing reactor whose benefits include significant reductions in energy usage, process acceleration and result enhancement for industries such as Bioethanol production, Food & Drink, Brewing, Fire Suppression and Decontamination.
·; Pursuit Dynamics is headquartered in Huntingdon, UK and has an office in Norwalk, Connecticut, USA.
·; Further information is available at the Company's website: www.pursuitdynamics.com