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Director/PDMR Shareholding

24 Oct 2012 07:00

RNS Number : 3729P
Cupid PLC
24 October 2012
 



Date:

24 October 2012

On behalf of:

Cupid plc ('Cupid', the 'Company' or the 'Group')

Embargoed until:

0700hrs

 

 

 

 

Cupid plc

 

(the "Company")

 

Notification of Director's interest

Cupid plc received notification on 23 October 2012 that Mark Doughty, Finance Director of the Company, exercised on that date share options over 600,000 ordinary shares of 2.5p each ("Ordinary Shares") and sold 610,228 shares at an average selling price of 202.08p per share.

The exercise prices of the share options were as follows: 181,334 share options at an exercise price of 16.25p per share, 131,666 share options at an exercise price of 94p per share and 287,000 share options at an exercise price of 109p per share. The options exercised relate to options granted between June and December 2010.

Mark Doughty retains a shareholding of 24,650 Ordinary Shares representing 0.03% of the issued share capital of the Company and holds a further 777,667 share options in the Company.

 

For further information please contact:

 

Cupid plc

Tel: +44 (0)131 220 1313

Mark Doughty, CFO

Peel Hunt LLP (Nominated Adviser and Broker)

Tel: +44 (0)207 418 8900

Richard Kauffer

Daniel Harris

 

 

 

 

 

Notes to Editors

 

·; Cupid plc listed on AIM in June 2010 and is a leading global provider of online dating services.

 

·; Cupid plc generates significant and growing revenues in 15 countries within the markets of North and South America, Europe, and Asia Pacific.

 

·; Cupid plc offers a wide variety of online dating services allowing members to interact with each other and access the content available on the Group's websites. These websites are intended to appeal to dating users of diverse ages, cultures and social interest groups. The Group's most heavily visited websites include www.cupid.com, www.flirt.com, www.benaughty.com and www.girlsdateforfree.com. The Group also promotes niche brands such as www.datingforparents.com, www.indiandating.com and www.maturedating.co.uk.

 

·; Cupid plc products are available across the web and also via mobile application stores.

 

·; Further information on the Company can be found at www.cupidplc.com.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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