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Last checked at 
9 Dec 2013 16:58
Savile Group plc
(the "Company")
Exercise of options
On 3 December 2013 Penna Group plc ("Penna") declared its offer for the Company (the "Offer") unconditional in all respects.
Conditional on the offer becoming unconditional, Penny de Valk and Clare Chalmers, both directors of the Company, each exercised their share options under the Company Share Option Scheme, in respect 500,000 ordinary shares of 3p each in the Company ("Savile Shares"), at an exercise price of 6.5 pence per share.
Accordingly, Penny de Valk and Clare Chalmers have each been allotted 500,000 new Savile Shares, representing approximately 3.14% each of the Company's enlarged issued share capital, and have each accepted the Offer in respect of these new Savile Shares.
Application has today been made for the new Savile Shares, which rank pari passu in all respects with the existing issued ordinary shares in the Company, to be admitted to trading on AIM.
Following the issue of these new Savile Shares the Company will have a total of 15,944,120 ordinary shares of 3p each in issue. No shares are held in treasury. The figure which should be used as the denominator for calculations of interests in the Company's voting rights is 15,944,120.
Enquiries
Savile Group plc 020 7204 6990
David Harrel, Chairman
Mark Sidlin, CFO
Nominated Adviser
Cairn Financial Advisers LLP 020 7148 7900
Tony Rawlinson
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