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20 Jun 2011 17:48
London Capital Group Holdings plc
("London Capital" or the "Company")
Issue of jointly held shares
The Company announces that on 20 June 2011, pursuant to a Joint Share Ownership Plan ("JSOP"), the following directors of the Company have acquired a total of 500,000 new ordinary shares of 10 pence each in London Capital ("Ordinary Shares"), which they hold jointly with an employee benefit trust. Under these arrangements, each participant will benefit from growth in value of an Ordinary Share above 95.4 pence per share:
Director | Jointly held shares awarded | No. of jointly held shares subsequent to award | No. of shares in Company in which Director has a beneficial interest (% of issued share capital) |
William Newton | 200,000 | 200,000 | 200,000 (0.4%) |
Siobhan Moynihan | 300,000 | 500,000 | 500,000 (0.9%) |
The participants under the JSOP can only realise value from their JSOP shares after 20 June 2014.
For further information, please contact: | www.londoncapitalgroup.com |
London Capital Group Holdings plc | 020 7456 7000 |
Siobhan Moynihan, Group Finance Director | |
Smithfield Consultants | 020 7360 4900 |
John Kiely, Gemma Froggatt
Cenkos Securities plc Nick Wells |
020 7397 8900 |
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