12 Sep 2013 14:00
Date: | 12 September 2013 |
On behalf of: | NetPlay TV plc ('the Company' or 'NetPlay') |
Embargoed until: | Immediate release |
Not for release, publication or distribution, in whole or in part, in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction
NetPlay TV plc
Issue of Equity, Director Dealings & Total Voting Rights
NetPlay TV plc (AIM: NPT) (the "Company"), announces that it has applied for 3,082,750 new ordinary shares of 1p ("Ordinary Shares") each in the Company to be admitted to trading on AIM on 26 September 2013 as a result of the exercise of employee options. The new Ordinary Shares will, when issued, rank pari passu with the existing Ordinary Shares in issue.
Director Dealings
As part of the employee option exercise, the Company was notified that on 11 September 2013, Charles Butler exercised options over 3,000,000 Ordinary Shares at a price of 4.28 pence per share. At the same time he sold 3,000,000 Ordinary Shares at an average of 17.51 pence per Ordinary Share.
Mr Butler's resultant holding remains 3,000,000 Ordinary Shares (representing 1.0% of the total shares in issue as at 26 September 2013) plus 5,986,231 vested options over Ordinary Shares.
The Company has also been informed today that Andrew Lapping, non-executive director of the company, sold 6,100,000 Ordinary Shares at an average price of 18.01 pence per Ordinary Share on 11 September and 12 September 2013 and Northern Edge, company in which Mr Lapping has a beneficial interest sold 500,000 Ordinary Shares at 18 pence per Ordinary Share.
Mr Lapping now directly holds 770,398 Ordinary Shares and 346,237 Ordinary Shares in his SIPP. The Hamilton Portfolio Limited and Northern Edge Limited, both companies of which Mr Lapping is a director, have interests in 997,026 and 221,523 Ordinary Shares in the Company respectively. Mr Lapping will therefore have an aggregate beneficial interest of 2,335,184 Ordinary Shares representing 0.8% of the issued share capital and Total Voting Rights of the Company following the issue of the new Ordinary Shares. Mr Lapping also has 500,000 vested options over Ordinary Shares.
Total Voting Rights
Following the issue of the 3,082,750 new Ordinary Shares on 26 September 2013, the Company will have a total of 293,544,212 Ordinary Shares in issue and one voting right per Ordinary Share.
The above figure may be used by shareholders in the Company 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 FSA's Disclosure and Transparency Rules.
The above information is provided by the Company in accordance with its obligations under the FSA's Disclosure and Transparency Rules.
Enquiries:
NetPlayTV plc | www.NetPlayTVplc.com |
Charles Butler, Chief Executive Officer / Akshay Kumar, Group Financial Controller | Via Redleaf
|
Redleaf Polhill | |
Rebecca Sanders-Hewett / Jenny Bahr | Tel: 020 7382 4730 NetPlayTV@redleafpr.com |
N+1 Singer (Nominated Adviser and Broker) |
Tel: 020 7496 3000 |
Jonny Franklin-Adams / Jennifer Wyllie
Notes to Editors:
About NetPlayTV plc
NetPlay TV plc is admitted to trading on the AIM market of the London Stock Exchange (NPT). NetPlay operates a number of interactive gaming services under an Alderney gaming license, including Supercasino.com and Jackpot247.com. These services can also be viewed 24 hours a day live on Sky Channel 862, six nights a week on ITV1, and every evening on Channel 5.
The Company is focused on the delivery of a converged interactive gaming experience allowing its customers to interact with its games on a variety of platforms, TV, Internet and mobile from a common integrated wallet.