5 Oct 2010 16:43
| Date: | 5 October 2010 |
| On behalf of: | Easydate plc ('Easydate', 'the Group' or 'the Company') |
| For immediate release |
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Easydate plc
Exercise of Stock Options
Easydate plc (AIM: EZD), the internet-based dating operator, announces the following changes in its issued share capital.
The Company has applied to AIM for 398,600 new common shares to be admitted to trading as a result of the exercise of stock options by Martin Higginson, a non-executive director of the Company, on 5 October 2010.
The new shares being issued are the subject of existing lock-in arrangements, as set out in paragraph 8.1 of Part V of the Company's Admission Document dated 21 June 2010.
Following the admission of the above shares the Company will have a total of 75,445,667 issued and outstanding common shares, of which Martin Higginson will hold 0.53%.
Dealings in the above shares are expected to commence on 11 October 2010.
Enquiries:
| Easydate plc | Tel: +44 (0)131 220 1313 |
| Bill Dobbie, CEO |
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| Cenkos Securities plc | Tel: +44 (0)131 220 6939 |
| Ken Fleming |
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| Beth McKiernan |
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| Redleaf Communications | Tel: +44 (0)207 566 6700 |
| Paul Dulieu / Henry Columbine / Mike Ward | easydate@redleafpr.com |
Notes to Editors
§ Easydate plc listed on AIM in June 2010 and is a leading provider of online dating services.
§ Easydate has built a base of over 13 million registrants and over 9 million members in 29 countries (those countries with over 1,000 members), with a growing proportion of members coming from outside of the United Kingdom.
§ Easydate offers a wide variety of online dating services allowing members to interact with each other and access the content available on the Group's websites. These websites are intended to appeal to dating users of diverse ages, cultures and social interest groups. The Group's most heavily visited websites include www.benaughty.com, www.cupid.com, www.girlsdateforfree.com and www.datetheuk.com. The Group also promotes the niche brands www.datingforparents.com, www.speeddater.com and www.maturedating.co.uk
§ Further information on the Company can be found at www.easydategroup.com
IDE.L (IDE)