2 Oct 2015 14:13
2 October 2015
Monitise plc
("Monitise" or the "Company")
Director dealing and option exercise
LONDON - Monitise plc (LSE: MONI) announces that it was notified on 2 October 2015 that on the same day 1,000,000 ordinary shares of 1p each in the Company ("Ordinary Shares") were purchased by Lee Cameron, Chief Executive Officer of Monitise, at a price of 2.783p per Ordinary Share.
Monitise also announces that on 2 October 2015 Lee Cameron exercised options over 300,000 Ordinary Shares at an exercise price of 1 pence per Ordinary Share. The options were granted on 14 October 2008 under the Performance Share Plan. No shares were subsequently sold to satisfy exercise costs or cover the tax liability associated with the exercise of the options.
As a result of the above transactions, Lee Cameron holds 1,588,880 Ordinary Shares, representing 0.07% of the voting rights of the Company, and 10,750,000 options over Ordinary Shares, representing 0.49% of the issued share capital of the Company.
Following the above option exercise, Monitise has 2,200,614,912 Ordinary Shares in issue. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.
About Monitise
Monitise plc (LSE: MONI) is a digital technology company creating new ways to connect, interact and transact. Our platforms, products and ideas lead to smarter, better experiences that help financial services companies and brands across many other sectors forge closer relationships with their customers. Through our cloud-based approach, design consultancy and content business, we make everyday actions easier for millions of people. Find out more at www.monitise.com.
Enquiries:
Monitise plc
Tom Spurgeon, Company Secretary Tel: +44(0)20 3657 0900
Canaccord Genuity
(NOMAD and Broker)
Simon Bridges, Cameron Duncan, Emma Gabriel Tel: +44(0)20 7523 8000
Brunswick
Jonathan Glass, Jon Drage Tel: +44(0)20 7404 5959