11 Jan 2016 12:09
Bagir Group Ltd.
("Bagir" or the "Company")
Exercise of options
Bagir (AIM: BAGR), a designer, creator and provider of innovative tailoring, announces that it has issued and allotted 51,363 ordinary shares of NIS 0.04 each in the capital of the Company pursuant to an exercise of share options by an employee (the "New Shares").
An application for admission of the New Shares to trading on AIM will be submitted and trading is expected to commence on or around 15 January 2016.
Following the issue of the New Shares, the Company's total issued share capital will consist of 50,428,660 ordinary shares of NIS 0.04 each with one voting right per share. The Company does not hold any shares in treasury. Therefore, following the issue of the New Shares, the total number of voting rights in the Company will be 50,428,660.
For further information, please contact:
Bagir Group Ltd. Tessa Laws, Non-Executive Chairman Udi Cohen, Chief Financial Officer
| +972-8-687-3917 |
N+1 Singer Nic Hellyer Alex Price
| +44 (0)20 7496 3000 |
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BAGR.L (BAGR)