8 Jun 2011 07:00
8 June 2011
NATURE GROUP PLC
("Nature Group" or the "Company")
Exercise of Options and Issue of Equity
The Board of Nature Group, the AIM quoted provider of port reception facilities and waste treatment solutions for the oil, marine and process industries, announces that, pursuant to the exercise of options by certain Directors of the Company and other executives of the Group, 850,000 new Ordinary Shares ("New Ordinary Shares") have been issued.
Application will be made to the London Stock Exchange for the New Ordinary Shares to be admitted to trading on AIM. It is expected that Admission will be effective and that dealings in the new Ordinary Shares will take place on 14 June 2011.
Following the exercise of the options and the issue of the New Ordinary Shares to the Directors, their shareholdings in the Company will be as follows:
Director |
No. of New Ordinary Shares issued pursuant to exercise of options |
Exercise price for options |
No. of Ordinary Shares held following exercise of options and issue of New Ordinary Shares | Shareholding as a percentage of the Company's issued ordinary share capital |
Shareholding as a percentage of the Company's fully diluted issued ordinary share capital |
Stig Keller | 125,000 | 12p | |||
175,000 | 23p | 1,033,000 | 1.31% | 1.29% | |
Peter Snell | 125,000 | 12p | 725,000 | 0.92% | 0.90% |
Nigel Sandy | 125,000 | 23p | 337,500 | 0.43% | 0.42% |
Following the issue of these New Ordinary Shares there will be 78,655,655 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 share capital of the Company under the Disclosure and Transparency Rules.
The New Ordinary Shares will rank in full for all dividends and otherwise pari passu with the Company's existing Ordinary Shares from the date of Admission.
For further information please visit www.naturegroup.org or contact one of the following:
Nature Group Plc Richard Eldridge, Chairman Nigel Sandy
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01841 533 611 01373 473 995 |
Northland Capital Partners (Nominated Adviser) Shane Gallwey Rod Venables
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020 7796 8800 020 7796 8800
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WH Ireland (Broker) Sebastian Wykeham Ruari McGirr |
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020 7220 0473 020 7220 1666
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Hermes Financial PR Chris Steele Trevor Phillips |
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07979 604 687 07889 153 628 |