Last checked at 3 Oct 2013 16:44
The Mission Marketing Group plc
Director Exercise of Options & EBT dealing
The Mission Marketing Group plc ("TMMG" or "the mission™"), the national marketing communications and advertising group, was notified on 2 October 2013 that on the same day Sue Mullen, a director of the TMMG, exercised nil cost options over a total of 22,500 ordinary shares of 10 pence each in the mission™ ("Ordinary Shares") and sold 9,450 Ordinary Shares at 27.5 pence in order to meet resulting tax liabilities. The allotment of 13,050 shares to Ms Mullen will be satisfied by the transfer of Ordinary Shares currently held by The Mission Marketing Group Employee Benefit Trust ("EBT").
The following table sets out the details of nil cost LTIP options exercised by Sue Mullen and her resultant shareholding:
Director
| Previous number of LTIP options held
| Number of LTIP options exercised
| Resultant number of LTIP options held
| Resultant number of Ordinary Shares held
| Resultant percentage interest in the mission™
|
Sue Mullen | 75,000 | 22,500 | 52,500 | 1,078,254 | 1.40% |
Separately, TMMG announces that other employees have exercised nil cost options over a cumulative total of 103,500 Ordinary Shares. The allotment of these Ordinary Shares will be satisfied by the transfer to these employees of Ordinary Shares currently held by the EBT.
In addition to this, the EBT has notified TMMG that it has purchased the following Ordinary Shares:
Date of purchase | Number of shares | Price (pence) |
2 October 2013 | 53,519 | 27.5 |
Following these transactions, the EBT's interest in the mission ™is 1,136,097 Ordinary Shares, representing approximately 1.48% of the issued share capital of the mission™.
Enquiries:
The Mission Marketing Group plc 020 3463 2099
Peter Fitzwilliam
Finance Director
finnCap Limited 020 7220 0500
Geoff Nash / Henrik Persson
Corporate Finance
Simon Starr
Corporate Broking
the mission ™is a national marketing communications and advertising group with 17 offices across the UK. The Group specialises in providing national and international clients with award winning marketing, advertising and business communications. Group members include Addiction, April-Six, Balloon Dog, Big Communications, Bray Leino, RLA, Robson Brown, Story, ThinkBDW and Yucca. the mission™ employs over 800 staff nationally and is listed on AIM (TMMG).
www.themission.co.uk