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Director's Dealing and Additional Listing

23 Jun 2015 14:16

RNS Number : 9860Q
International Greetings PLC
23 June 2015
 

International Greetings plc (the "Company")

Director's Dealing and Additional Listing

The Company announces that it has been informed of the following transactions that occurred on 23rd June 2015 in respect of ordinary shares of 5 pence each in the Company ("Ordinary Shares").

 

Mr Anthony Lawrinson, the Chief Financial Officer of the Company, has today exercised share options over 607,652 Ordinary Shares. The exercise price was nil. Following the exercise, Mr Lawrinson and his wife sold 667,652 Ordinary Shares at an average price of 122.44 pence per share.

 

Following the exercise and sale, Mr Lawrinson holds no Ordinary Shares in the Company. Mr Lawrinson does however remain interested in 783,334 options over Ordinary Shares. Of the 783,334 options over Ordinary Shares, 500,000 have vested and therefore remain exercisable.

 

The Company will today apply for 607,652 Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and that dealings will commence in these Ordinary Shares at 8.00 a.m. on 7th July 2015.

 

23rd June 2015

 

For further information, please contact:

 

International Greetings plc Tel: 01525 887310

Paul Fineman, Chief Executive

Anthony Lawrinson, Chief Financial Officer

 

Cenkos Securities plc Tel: 0207 397 8900

Bobbie Hilliam

FTI Consulting Tel: 020 3727 1000 

Jonathon Brill

Tom Hufton

 

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