15 Dec 2015 07:00
15 December 2015
PURE WAFER PLC
(AIM: PUR)
Exercise of options and warrants
Pure Wafer plc ("Pure Wafer" or "the Company"), a provider of high quality silicon wafer reclaim services for many of the world's leading semiconductor manufacturers as an integral part of their cost control programmes, announces that it has issued and allotted 839,000 Ordinary Shares of 20 pence each ("Ordinary Shares") pursuant to the exercise of share options under the Company's Enterprise Management Incentive Share Option Scheme and 718,742 share warrants exercisable at 20 pence per share.
Application has been made for the 1,557,742 new Ordinary Shares to be admitted to trading on AIM and it is expected that admission will take place on or about 8:00 a.m. on 17 December 2015 ("Admission").
In addition to the exercise of 10,000 employee share options, following Admission, the Director shareholdings in the Company will be as follows:
Director | Existing Holding | Warrants | Options | Total exercised | Total Holding | Total Holding (%) |
Keith Baker | 169,872 | 237,702 | 225,000 | 462,702 | 632,574 | 2.06% |
Peter Harrington | 235,549 | 306,513 | 375,000 | 681,513 | 917,062 | 2.98% |
Jerry Winters | 114,841 | 174,527 | 129,000 | 303,527 | 418,368 | 1.36% |
Richard Howells | 50,071 | - | 75,000 | 75,000 | 125,071 | 0.41% |
Huw Lewis | - | - | 25,000 | 25,000 | 25,000 | 0.08% |
Stephen Boyd | 1,540,081 | - | - | - | 1,540,081 | 5.01% |
Paul Dolan | 130,460 | - | - | - | 130,460 | 0.42% |
Dr Eufyl Gwilym | 64,311 | - | - | - | 64,311 | 0.21% |
Total Directors | 2,305,185 | 718,742 | 829,000 | 1,547,742 | 3,852,927 | 12.53% |
In accordance with the Disclosure and Transparency Rules (DTR 5.6.1R) the Company hereby notifies the market that immediately following Admission its issued share capital will consist of 30,754,344 Ordinary Shares of 20p each. The Company does not hold any shares in treasury. Shareholders may use these figures 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.
Contacts: |
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Pure Wafer plc | www.purewafer.com |
Richard Howells, Chief Executive | +44 (0) 1792 311 200 |
Huw Lewis, Chief Financial Officer |
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WH Ireland Limited | www.wh-ireland.co.uk |
John Wakefield/Ed Allsopp | +44 (0) 117 945 3471 |