10 Jun 2011 16:17
Goals Soccer Centres plc ("Goals" or the "Company")
Exercise of Options and Issue of Equity
Goals announces that it has today been notified of the exercise of options today at a price of 62 pence per ordinary share of 0.25 pence each in the Company ("Ordinary Share") by Morris Payton, a Director of the Company. Accordingly the Company has issued to Mr Payton 60,000 new ordinary shares of 0.25 pence each in the Company ("New Shares").
At the same time Mr Payton sold 15,000 Ordinary Shares at 127.25 pence and transferred 45,000 Ordinary Shares to his wife, Susan Payton of which 29,165 Ordinary Shares were transferred into her Self Invested Personal Pension (SIPP Shares) and Susan Payton has sold the balance of 15,835 Ordinary Shares at 127.25 pence each. Accordingly the 29,165 SIPP Shares were sold by Mr Payton at a price of 127.25 pence per share and a total of 29,165 Ordinary Shares were purchased by Mrs Payton at a price of 127.25 pence per share.
As a result, Mr Payton and persons connected to him now have a beneficial shareholding in Goals of 271,541 Ordinary Shares which represents 0.6% of the Company's issued ordinary share capital.
Application has been made for these New Shares to be admitted to trading on AIM. The shares will rank pari passu with the existing issued shares of the Company and dealings are expected to commence on 16 June 2011. Following the issue of these New Shares, the Company has a total of 48,618,520 Ordinary Shares in issue.
Enquiries:
Goals Soccer Centres plc
Bill Gow, Finance Director 01355 234 800
Peel Hunt LLP
Dan Webster / Matthew Armitt 020 7418 8900