IND.L Regulatory News (IND)

25 Sep 2008 11:38



Indigovision Group plc

Director/PDMR Shareholding

Indigovision Group plc ("the Company") announces that following an exercise of options on 25th September 2008 by Oliver Vellacott, Director, the Company has allotted a total of 136,500 Ordinary Shares of 1p each in the Company.

The options were exercised as follows:

53,000 Ordinary Shares were exercised from the Company's approved scheme (for which a block listing is in force) at a price of 56.5p per Ordinary Share;

50,500 Ordinary Shares were exercised from the Company's unapproved scheme at a price of 56.5p per Ordinary Share; and

33,000 Ordinary Shares were exercised from the Company's unapproved scheme at a price of 65p per Ordinary Share.

Following the exercise of these options Oliver Vellacott has an interest in 1,824,915 Ordinary Shares in the Company representing approximately 25.02% of the enlarged issued share capital of the Company.

The new Ordinary Shares rank pari passu in all respects with existing Ordinary Shares in the Company. Application has been made for the admission of the 83,500 shares not falling under an existing block listing to trading on AIM. 

It is expected that dealings will commence in the new Ordinary Shares on Thursday 2nd October 2008.

Enquiries to: