INS.L Regulatory News (INS)

2 Aug 2007 17:43

International Nuclear Solutions PLC02 August 2007 International Nuclear Solutions plc (the "Company" or "INS") Exercise of options, directors dealings and Rule 2.10 announcement Pursuant to the exercise of SAYE options on 2 August 2007, the Company confirmsthat 166,018 new ordinary shares of 1p each ("New Shares") in INS were exercisedand allotted at a price of 38 pence per share. The Company has today made application to the London Stock Exchange for the NewShares to be admitted to trading on AIM ("Admission"). It is expected thatAdmission will become effective on 8 August 2007. As part of this option exercise, the following directors have exercised optionsand have today subsequently accepted the Final Cash Offer of 63 pence perordinary share from Babcock International Group plc, announced on 19 June 2007,in relation to these New Shares, as summarised below: Director Number of options Resultant New Resultant holding Percentage of exercised Shares sold of ordinary shares enlarged issued share capital Anthony Moore 7958 7958 0 0Geoffrey Mellor 3183 3183 0 0Stephen McGowan 7958 7958 0 0 In accordance with Rule 2.10 of the City Code on Takeovers and Mergers, theCompany confirms that it has 63,206,392 ordinary shares of 1 pence each inissue. The ISIN reference for these securities is GB00B12QZ964. For further information, please contact: International Nuclear Solutions plcGeoff Mellor, Finance Director +44 (0) 161 777 2050 Collins Stewart Europe LimitedChris Wells/Mark Connelly +44 (0) 207 523 8350 2 August 2007 This information is provided by RNS The company news service from the London Stock Exchange