Exercise of Options

28 May 2009 14:38



ALBEMARLE & BOND HOLDINGS PLC

"the Company"

Director Dealings

The Company announces that it received on 27 May 2009 notices from the following directors relating to the exercises of options set opposite their respective names:

* The Albemarle & Bond Pawnbrokers Limited Employee Benefit Trust

Following the above transactions Mr Pattinson's beneficial interest in the Company's issued share capital is 356,250 Ordinary shares of 4p each ("Ordinary Shares") and Mr Murphy's beneficial interest in the issued share capital is 1,221,000 Ordinary Shares, which holdings are equivalent to 0.64% and 2.21% respectively of the Company's total issued share capital.

As a result of the exercise of options by Mr Pattinson over shares held by the EBT, a transfer of shares was approved today in respect of 50,000 Ordinary Shares at 93.5p per share in the capital of the Company beneficially held by Albemarle & Bond Trustee Limited ("Trustee") as Trustee of the EBT.

Following the transfer announced above, the Trustee now beneficially holds 390,667 Ordinary shares in the capital of the Company which is equivalent to 0.71% of the Company's issued share capital.

C L Nicolson, G V Nicholls, D A L Page and D P Pattinson are directors of Albemarle & Bond Trustee Limited.

Exercise of Options by an Employee

The Company announces that it received from an employee on 27 May 2009 a letter of exercise of options over 17,383 Ordinary shares of 4p each at a purchase price of 74.5p per share in the Unapproved Share Option Scheme.

Application for Admission

Application has been made for 217,383 new Ordinary 4p shares to be admitted to listing pursuant to the exercise of share options announced above. It is expected that dealings will commence in the new Ordinary shares on 2 June 2009.

As a result of the application for listing, the issued share capital of the Company will be increased from 55,092,891 Ordinary shares of 4p each to 55,310,274 Ordinary shares of 4p each.

Date: 28 May 2009

END