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Treasury shares issued and Director Dealing

11 Sep 2013 07:00

RNS Number : 6831N
Sagentia Group PLC
11 September 2013
 



 

 

11 September 2013

 

Sagentia Group plc

 

("Sagentia" or the "Company")

 

Treasury shares issued and Director Dealing

 

 

Sagentia Group plc (AIM:SAG) announces that on 10 September 2013, the Company issued 440,000 treasury shares in settlement of the exercise of share options. The total number of ordinary shares in issue (excluding treasury shares) following this announcement is 38,328,230. Sagentia holds 3,713,805 shares in treasury.

 

As part of the above issue, Neil Elton, the Company's Finance Director, exercised 250,000 Incentive Scheme options with an exercise price of £0.51 per share. After settlement of exercise and tax charges he retains 70,000 shares.

 

Following this announcement the Directors of Sagentia Group plc have interests in the ordinary shares of the Company as follows:

 

Number of shares owned

% holding

Number of shares under option

Shareholding prior to announcement

% holding prior to announcement

Martyn Ratcliffe

12,512,906

32.65%

2,500,000

12,512,906

33.03%

David Courtley

375,000

0.98%

-

375,000

0.99%

Neil Elton

171,914

0.45%

375,000

101,914

0.27%

 

Save for the above, the Directors' beneficial interests in the share capital of the Company remain unchanged and as previously announced.

 

 

 

- Ends -

 

 

 For further information:

Sagentia Group plc

Tel: +44 (0) 1223 875 200

Neil Elton, Finance Director

www.sagentia.com

 

Numis Securities Limited

Nominated Adviser: Oliver Cardigan / Simon Willis

Corporate Broking: James Serjeant

Tel: +44 (0) 20 7260 1000

 

Media enquiries:

Abchurch

Henry Harrison-Topham / Jamie Hooper

Tel: +44 (0) 20 7398 7719

jamie.hooper@abchurch-group.com

www.abchurch-group.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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