8 Jul 2011 09:10
Pinewood Shepperton plc
Issue of shares in connection with the exercise of options under the Pinewood Shepperton plc 2010 Company Share Option Plan and the exercise of options under the Pinewood Shepperton plc Sharesave Scheme
Pinewood Shepperton plc ("Pinewood") announces that it has issued 60,892 ordinary shares of 10 pence each in the capital of Pinewood ("Pinewood Shares") to satisfy options granted under the Pinewood Shepperton plc 2010 Company Share Option Plan (the "CSOP") and 155,785 Pinewood Shares following the exercise of options under the Pinewood Shepperton plc Sharesave Scheme (the "SAYE"), including the following Pinewood Shares that have been issued to Avenue Trust Company Limited, the trustee of the Pinewood Shepperton plc Employee Benefit Trust as nominee for persons discharging managerial responsibilities as a result of the exercise of CSOP options and the following Pinewood Shares that have been issued to persons discharging managerial responsibilities as a result of the exercise of SAYE options:
Name | Number of Pinewood Shares issued pursuant to the exercise of SAYE options | Number of Pinewood Shares issued pursuant to the exercise of CSOP options |
Ivan Dunleavy | 5,994 | 2,068 |
Patrick Garner | Nil | 2,068 |
Nicholas Smith | 5,994 | 2,068 |
Andrew Smith | Nil | 2,433 |
Chris Naisby | 3,227 | 2,433 |
Applications will be made for the 216,677 Pinewood Shares that have been issued to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's market for listed securities. Admission of the shares to the Official List and to trading on the London Stock Exchange's market for listed securities is expected to occur on 13 July 2011.
In accordance with DTR 5.6.1R, as a result of the above issue of shares, the issued share capital of Pinewood consists of 47,248,683 ordinary shares of 10 pence each, all of which have voting rights. The above figure may be used by Pinewood 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, Pinewood under the FSA's Disclosure and Transparency Rules.
The Directors of Pinewood accept responsibility for the information contained in this announcement. To the best of the knowledge and belief of the Directors of Pinewood (who have taken all reasonable care to ensure that such is the case), the information contained in this announcement is in accordance with the facts and does not omit anything likely to affect the import of such information.
Enquiries:
Pinewood Shepperton plc
Andrew Smith Tel: +44 (0) 1753 656732
J.P. Morgan Cazenove
Hugo Baring / Bronson Albery Tel: +44 (0) 20 7588 2828
Brunswick Group LLP
James Olley Tel: +44 (0) 20 7404 5959