YGEN.L Regulatory News (YGEN)

1 Jun 2005 15:18

BioProjects International PLC01 June 2005 BioProjects International PLC ("the Company") Exercise of warrants Directors' shareholdings Following the exercise of warrants at 1p per share on 31 May 2005, the Companyannounces that it has today issued 23,000,000 new ordinary shares. Certain ofthese shares were issued to Directors of the Company, including Dr Richard Dixey, who sold 500,000 shares at a price of 2p per share on 27 May 2005, and today afurther 500,000 shares at a price of 1.75p per share. The warrants exercised bythe directors and their resultant shareholdings are detailed below:- Director Number of shares Warrants Number of shares % of held pre exercised held post enlarged warrant exercise warrant exercise* share capital Jim Slater 25,485,000 1,000,000 26,485,000 8.51%Terry Bond 7,925,000 6,000,000 13,925,000 4.47%Dr Richard Dixey 3,400,000 2,500,000 4,900,000 1.57%Dr John Broome 10,000,000 2,500,000 12,500,000 4.02% * After allowing for the sale of 1,000,000 shares by Dr Dixey Application has been made for the new shares to be admitted to trading on AIMand this is expected to take place on 7 June 2005. For further information contact Mark Collingbourne, BioProjects InternationalPLC. Telephone 01620 810183 This information is provided by RNS The company news service from the London Stock Exchange