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12 Jun 2015 10:59
12th June 2015
TELFORD HOMES PLC
(the "Company")
Director/PDMR Shareholding
The Company announces that it has made an application to the London Stock Exchange for the admission to trading on AIM of 160,000 new ordinary shares of 10p each ("Ordinary Shares") to satisfy the exercise today by John Fitzgerald, Group Managing Director, of 160,000 options over Ordinary Shares under the Company's Unapproved Option Scheme ("New Shares"). The exercise price of the options was 75 pence per share.
Following this exercise of options, John Fitzgerald has a beneficial interest in 382,718 Ordinary Shares representing approximately 0.63% of the issued share capital and total voting rights of the Company.
The New Shares are expected to be admitted to trading on AIM on 18 June 2015.
Following the allotment of the New Shares, the Company's share capital and Total Voting Rights comprises 60,507,500 Ordinary Share and the Company does not hold any shares in treasury. Consequently 60,507,500 is the figure which may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, Telford Homes under the FSA's Disclosure and Transparency Rules.
For further information please contact:
Telford Homes Plc
Jon Di-Stefano / Katie Rogers Tel: +44 (0) 1992 809 800
Shore Capital
Pascal Keane / Patrick Castle Tel: +44 (0) 20 7408 4090
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