7 Apr 2009 13:35
Camco International Limited (the Company)
Issue of Equity and Director/PDMR shareholding
Camco International Limited, a leading climate change business in the growing
carbon and sustainable development markets, is pleased to announce that it has
issued, conditional on admission to trading on AIM, 3,467,388 new ordinary shares
of EUR 0.01 each in the capital of Camco ('Ordinary Shares').
The shares have been issued to staff as part of the Camco International Limited Long Term Incentive Plan ("LTIP") (3,167,388 Ordinary Shares) and as management bonuses outside the LTIP (300,000 Ordinary Shares).
Of this amount, 649,494 Ordinary Shares have been awarded to Jeff Kenna and
779,393 Ordinary Shares have been awarded to Scott McGregor representing 0.38% and 0.45% of the new issued share capital respectively. Following the award of these shares, Jeff Kenna will hold a total of 3,579,763 Ordinary Shares and Scott McGregor a total of 1,039,102 Ordinary Shares representing 2.07% and 0.60% of the issued share capital respectively.
Application has been made for the 3,467,388 new Ordinary Shares to be admitted to trading on AIM; such admission is expected to occur on 9 April 2009. The total number of Ordinary Shares in issue following the admission of these new Ordinary Shares will be 172,632,585.