Last checked at 8 Mar 2012 08:00
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 employees over 40,363 new ordinary shares of 1p each in the Company ("Ordinary Shares"). The 40,363 Ordinary Shares will not carry an entitlement to subscribe under the Rights Issue. Application has been made to the London Stock Exchange for these Ordinary Shares to be admitted to trading on AIM, which is expected to take place on 9th March 2012.
Following admission, the Company will have 75,103,626 Ordinary Shares in issue. This figure does not include the shares issued pursuant to the Rights Issue.
For Further Information, please contact:
Pursuit Dynamics PLC
Jeremy Pelczer, Interim Chief Executive Tel: +44 (0)1480 422050
Richard Webster, Chief Financial Officer
M: Communications
Elly Williamson Tel: +44 (0)20 7920 2339
Cenkos Securities plcIan Soanes / Max Hartley Tel: +44 (0)20 7397 8924
Mirabaud Securities LLP
Rory Scott Tel: +44 (0)207 878 3360