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Exercise of Options

24 Nov 2011 17:11

RNS Number : 7528S
K3 Business Technology Group PLC
24 November 2011
 



 

 

 

KBT

 

K3 BUSINESS TECHNOLOGY GROUP PLC

 

("K3" or "the Company")

 

Exercise of Options

 

K3 announces that application has been made for the admission of 2,314 new ordinary shares of 25p each in the Company ("New Ordinary Shares") following the exercise of options under the K3 Business Technology Group Savings Related Share Option Scheme 2010.

 

The New Ordinary Shares will rank pari passu in all respects with the existing ordinary shares of the Company. Admission of the 2,314 ordinary shares is expected to take place on 30 November 2011. Following admission, the total issued share capital of the Company will be 28,474,477 ordinary shares of 25p each. This figure of 28,474,477 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.

 

 

For further information:

K3 Business Technology

Group plc

 

Andy Makeham, Chief Executive

David Bolton, Chief Finance Officer

T: 0161 876 4498

Canaccord Genuity Limited (NOMAD)

 

Simon Bridges / Kit Stephenson

T: 020 7050 6500

Biddicks

Katie Tzouliadis / Sophie McNulty

T: 020 3178 6378

 

 

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