Last checked at 27 Mar 2014 07:00
NETCALL PLC
("Netcall", the "Company" or the "Group")
Exercise of Options, Director Dealing & Total Voting Rights
Netcall plc (AIM: NET) a leading provider of end to end customer engagement software solutions, announces that it has applied for the admission to trading on AIM of a total of 13,454,167 new ordinary shares of 5p each ("Ordinary Shares") issued following an exercise (the "Exercise") of options over Ordinary Shares by directors (the "Directors") and other employees of the Company on 26 March 2014.
These new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares and admission is expected to be effective on 2 April 2014 (the "Admission").
Directors' Dealings
Following the Exercise, and on the same day, the Directors subsequently sold a total of 7,586,111 of these new Ordinary Shares, each at a price of 54 pence per Ordinary Share (the "Sale"), principally to fund the income tax and national insurance liabilities arising on the Exercise, as set out below.
Name of Director | New Ordinary Shares issued pursuant to the Exercise | Number of Ordinary Shares sold pursuant to the Sale | New holding of Ordinary Shares | New interest as a percentage of the Company's issued share capital |
Henrik Bang | 7,000,000 | 4,216,111 | 4,713,889 | 3.4% |
James Ormondroyd | 4,200,000 | 2,575,000 | 1,625,000 | 1.2% |
Michael Jackson | 1,000,000 | 530,000 | 1,270,000 | 0.9% |
Michael Neville | 500,000 | 265,000 | 482,548 | 0.4% |
Total | 12,700,000 | 7,586,111 | 8,091,437 | 5.9% |
Total Voting Rights
The Company advises that, following the issue of the new Ordinary Shares pursuant to the Exercise as set out above, the Company's issued share capital is 138,801,993 Ordinary Shares (including 1,869,181 Ordinary Shares held as treasury shares). Therefore the Company's total number of Ordinary Shares with voting rights is 136,932,812.
The above figure of 136,932,812 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.
For further enquiries, please contact:
Netcall plc | Tel. +44 (0) 330 333 6100 |
Henrik Bang, CEO Michael Jackson, Chairman James Ormondroyd, Group Finance Director | |
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finnCap Limited (Nominated Adviser and Broker) | Tel. +44 (0) 20 7220 0500 |
Stuart Andrews / Henrik Persson, Corporate Finance | |
Victoria Bates / Simon Johnson, Corporate Broking | |
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Newgate Threadneedle | Tel. +44 (0) 20 7653 9850 |
Caroline Evans-Jones / Hilary Millar/ Heather Armstrong |
About Netcall plc
Netcall is a UK company quoted on the AIM market of the London Stock Exchange. Netcall's software product suite provides compelling business process solutions for end-to-end customer engagement, incorporating intelligent contact handling, workforce optimisation, business process management and enterprise content management. Our target markets comprise organisations of all sizes, including many blue-chip companies with global contact centre operations. The Netcall software platform helps organisations meet the growing demands of their customers and prospects whilst improving internal efficiencies, thereby increasing profitability and customer satisfaction.
Netcall's customer base contains over 700 organisations in both the private and public sectors. These include over 65% of the NHS Acute Health Trusts, major telecoms operators such as BT and Cable & Wireless and leading organisations including Interflora, Lloyds TSB, Odeon, Interserve, Orange, Prudential, British Sugar, and Thames Water.
For further information, please consult the Netcall website: www.netcall.com.