Last checked at 3 Nov 2016 07:00
3 November 2016
LPA GROUP PLC
("LPA" or the "Group")
Exercise of Option and Director Shareholding
LPA announces that on 2 November 2016 Peter Pollock, a director of the Company, exercised an option to subscribe for 35,000 ordinary shares of 10 pence each in the Company at an exercise price of 39 pence per share (the "Option"). The Option was granted to Peter Pollock on 7 March 2007.
Date of exercise | Number of share options exercised |
Exercise price (p) | Total holding prior to the exercise of share options | Total holding following the exercise of share options |
2 November 2016 | 35,000 | 39 pence | 725,000 | 760,000 |
Following this, Peter Pollock will be beneficially interested in 760,000 ordinary shares of the Company, representing 6.24% of the issued share capital.
An application has been made to the London Stock Exchange for the 35,000 new ordinary shares to be admitted to trading on AIM and admission is expected to occur on 8 November 2016.
Following Admission, the Company's enlarged issued share capital will comprise of 12,186,729 ordinary shares of 10p each.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
ENQUIRIES:
LPA Group plc | |
Steve Brett, Finance Director | Tel: 07881 626127 or 01799 512860 |
Cairn Financial Advisers (Nominated Adviser) | Tel: 020 7213 0880 |
James Caithie / Tony Rawlinson | |
WH Ireland (Broker) | Tel: 0113 394 6600 |
Tim Feather / Liam Gribben | |