Tarsus Regulatory News (TRS)

26 Sep 2008 07:00

TARSUS GROUP PLC

(the "Company")

26 September 2008

Scrip Dividend Alternative

Tarsus Group plc announces that elections under the Scrip Dividend Alternative were received from 217 shareholders in respect of 3,281,846 ordinary shares of 5p each in the Company (representing approximately 0.06 per cent. of the current issued ordinary share capital of the Company) and, as a result, the Board of the Company has allotted 38,072 new Ordinary Shares. These new ordinary shares will rank pari passu in all respects with the existing ordinary shares. 

Payments of £1,168,860.10 in aggregate will be made on 1 October 2008 in respect of the Dividend to those shareholders who did not make an election under the Scrip Dividend Alternative.

New issued share capital

The total number of ordinary shares in issue following the allotment of all of the new ordinary shares referred to above will be 61,762,923.

Directors' Shareholdings

Douglas Emslie elected to take the Scrip Dividend Alternative in respect of 50,000 of the ordinary shares held by him as notified to the Company today. Following the allotment of the new ordinary shares, he is interested in 773,785 shares representing approximately 1.25 per cent. of the Company's new issued share capital.

This represents Mr Emslie's direct interest in shares in the Company and is in addition to the shares held by the Tarsus Share Incentive Plan in which Mr Emslie is interested, and options held by Mr Emslie.

Roger Pellow elected to take the Scrip Dividend Alternative in respect of the 18,836 ordinary shares already held by him as notified to the Company today. Following the allotment of the new ordinary shares, he is interested in 19,054 shares representing approximately 0.03 per cent. of the Company's new issued share capital.

This represents Mr Pellow's direct interest in shares in the Company and is in addition to the shares held by the Tarsus Share Incentive Plan in which Mr Pellow is interested, and options held by Mr Pellow.

Application will be made for the admission of the 38,072 new ordinary shares referred to above to the Official List and to the London Stock Exchange's market for listed securities and dealings are expected to commence on 1 October 2008.

Enquiries:

Peter Begg, Company Secretary, 020 8846 2705